You have not yet added any article to your bookmarks!
Join 10k+ people to get notified about new posts, news and tips.
Do not worry we don't spam!
Post by : Meena Ariff
Canada has made history by joining the European Union’s €150 billion ($170 billion) defence program, SAFE, becoming the first non-European nation involved in this initiative. Prime Minister Mark Carney noted that this decision would create “tremendous opportunities” for Canadian defence firms while addressing vital gaps in European security reliability.
Launched this year, the SAFE program aims to enhance EU defence preparedness by 2030. The initiative concentrates on various sectors, including missile systems, drones, cyber warfare, artillery, maritime security, and safeguarding space-related assets. Although standard joint projects need a minimum of 65 percent components from EU sources, countries like Canada can request certain exemptions.
Carney emphasized that Canada’s involvement in SAFE supports the country’s strategic goal to diversify its military purchasing and decrease dependency on the United States, particularly following recent trade disputes. Discussions between the EU and UK regarding UK participation in SAFE concluded last week without an agreement due to differing views on funding commitments.
Canada’s role in SAFE is anticipated to enhance transatlantic defence relationships, open up markets for Canadian suppliers, and attract more European investment into Canada’s military sector.
Man Jailed for Quran Desecration
A Malaysian court sentences a man to nine months in jail for committing an act deemed insulting to r
China, Pak Missile Threat Flags US Concern
US intel warns China and Pakistan may develop long-range missiles capable of striking American terri
Markets Crash Investors Lose Rs 7.6 Lakh Cr
Sensex and Nifty fall over 2% as rising oil prices global tensions and FPI outflows trigger massive
Qatar LNG Plant Hit Massive Damage Reported
Iranian missile strike damages Ras Laffan LNG hub raising global energy concerns amid escalating Mid
HDFC Bank Shares Drop 5% on Governance Concerns
Stock falls sharply after chairman Atanu Chakraborty resigns citing ethics concerns raising investor
Indonesia to Tighten FX Rules to Support Rupiah
Bank Indonesia plans stricter FX purchase limits and policy changes from April 2026 to stabilize rup