Canada could use EU loans for next-gen warplane, submarine purchases

Uniunea Europeana

MILAN — Canada has become the first non-EU country to join the bloc’s flagship rearmament program, Security Action for Europe (SAFE), whose funds could support Ottawa’s fighter jet and submarine procurement. Canadian Prime Minister Mark Carney announced this week that his government struck a deal to join the EU’s €150 billion initiative that provides loans for joint military procurement to boost readiness. “Participation in SAFE will unlock billions of dollars in potential defense opportunities

Canada could use EU loans for next-gen warplane, submarine purchases https://www.defensenews.com - 03.12.2025 09:00

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Canada could use EU loans for next-gen warplane, submarine purchases https://www.defensenews.com - 03.12.2025 09:00