Canada may sign a defence procurement agreement with the European Union for the military this month

Canada may sign a defence procurement agreement with the European Union for the military this month. Prime Minister Mark Carney is expected to sign the agreement during his visit to Brussels.

Carney will travel to Brussels on June 23 for the Canada-EU summit, where he will meet with European Commission President Ursula von der Leyen and European Council President Antonio Costa. The two European leaders hinted at a defence deal with Canada while en route to the G7 meeting in Alberta today.

Von der Leyen said that Canada will sign an agreement with the European Union for a Security and Defence Partnership, which will allow Canada to join the European Loan Programme for Joint Defence Projects.

It is worth noting that the European Union has launched a 150-billion-euro Security Action Programme for Europe to increase defence capabilities. Von der Leyen says that only Canada's close allies can join this program.