“Canada and the EU, through their unprecedented trade access, shared values and complementary economic strengths, can build a deeper and more integrated relationship,” the draft document states.
The two sides plan to declare at their summit in Montreal that they want to accelerate investment in critical mining projects, strengthen supply chains and improve security of supply, including stockpiling critical resources to mitigate “market fluctuations and geopolitical impacts.”
“We will align our strategies and standards, connect industries and focus our ambitions on the sectors most profitable for our people. This includes developing the reliable, low-carbon energy that much of the world is hungry for, from liquefied natural gas to hydropower, solar, wind and nuclear.”
Ottawa and Brussels will also announce the joint purchase of 50 De Havilland water bombers, which will be ready for use in Canada and Europe in 2030 to fight wildfires.
“We are joining forces voluntarily… We will create a technological alliance. We will integrate defense industrial bases. We will make the Arctic a joint flagship project. We will work on energy, critical minerals and batteries. On AI, quantum, cybersecurity and economic security,” von der Leyen said in his State of the Union address on September 15.
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