OTTAWA: Canada has reached an agreement to join the European Union’s Security Action for Europe (SAFE) initiative, which will give Canadian defense companies expanded access to the European market, Prime Minister Mark Carney’s office said on Monday. “Canada’s participation in SAFE will fill key capability gaps, expand markets for Canadian suppliers, and attract European defense investment into Canada,” Carney said in a statement.

OTTAWA: Canada has reached an agreement to join the European Union’s Security Action for Europe (SAFE) initiative, which will give Canadian defense companies expanded access to…

Canada joins EU's Security Action for Europe (SAFE) rearmament initiative, giving access to $170bn in loans for defence.