Canada and European Union Announce Comprehensive Strategic Partnership at Montreal Summit

Canada and the European Union have unveiled the 'Alliance for the Future' strategic partnership to deepen trade and technological integration while curbing reliance on the United States. Key outcomes include Canada participating in a €90bn Ukraine support loan, securing access to the EU supercomputing network for AI, and taking an up to C$1.6bn stake in Cohere ahead of its planned merger with Germany's Aleph Alpha. Canadian Prime Minister Mark Carney noted the framework seeks the deepest partnership short of EU accession, with final negotiations scheduled for June European Council meetings.