News Analysis
Canadian and European leaders say the new Canada-EU “Alliance for the Future,” or “association membership,” will deepen cooperation on energy, trade, defence, and other areas, bringing economic, social, and national security benefits to both sides.
So far, there have been few details released on what the proposed partnership would involve, other than that it would be anchored in closer alignment on policies, programs, and governance. Some examples of programs announced include Canada accessing some EU research initiatives, the two sides working on a joint digital trade infrastructure, and deeper security and defence cooperation.
The government has said the new partnership will bring more economic opportunity and prosperity for Canadians and aligns with Ottawa’s goal to diversify trade destinations. The government hasn’t said what the potential costs of the partnership could be when questioned by the opposition and reporters, saying details are to be developed in the coming months….