Current:Home > MarketsCanada, EU agree to new partnerships as Trudeau welcomes European leaders -Ascend Finance Compass
Canada, EU agree to new partnerships as Trudeau welcomes European leaders
View
Date:2025-04-16 19:45:55
ST. JOHN’S, Newfoundland (AP) — Canada and the European Union said Friday they are making strides toward new partnerships on green energy, digital transformation and research funding, as a Canada-EU Summit got underway in the Atlantic coast province of Newfoundland.
Prime Minister Justin Trudeau announced during opening remarks Thursday evening that Canada is joining Horizon Europe, a $100 billion scientific research program. Afterward, the two parties said in a joint statement on Friday that substantive negotiations are complete and they are working toward its “prompt signature and implementation.”
“Canadian companies are already benefiting from Horizon and have for many years, but there is much more that we’ll be able to access now that we are full partners,” Trudeau said.
“It is an exciting articulation of what have been long-standing partnerships between scientists on both sides of the Atlantic.”
Ottawa and Brussels started negotiations on Canada joining it a year ago, with an initial goal of signing the agreement this past spring.
Canada has also worked out a deal to build water bombers and ship them to the EU, after both regions faced devastating forest fires this past summer.
And Canada and the EU have announced what they are calling a new Green Alliance, which is focused on deepening existing partnerships on fighting climate change, halting biodiversity loss and intensifying technological and scientific co-operation.
A new digital partnership was also part of the package of announcements on Friday.
European Commission President Ursula von der Leyen said Canada “is a perfect match” for Europe’s resource needs, and she urged Ottawa to join a global partnership on the issue that the EU will launch within weeks.
Trudeau also said Canada and the EU are committed to helping Ukraine continue in its fight against the Russian invasion, and announced that Canada is donating additional small arms and ammunition to the country.
___
Follow AP’s climate and environment coverage at https://apnews.com/hub/climate-and-environment
veryGood! (498)
Related
- What do we know about the mysterious drones reported flying over New Jersey?
- LENCOIN Trading Center: Market Impact of BTC Spot ETFs
- Apple Music begins its 100 Best Albums countdown. See the first albums that made the cut.
- Roger Corman, trailblazing independent film producer, dies at 98
- Cincinnati Bengals quarterback Joe Burrow owns a $3 million Batmobile Tumbler
- Punxsutawney Phil's twin pups officially given names in Mother's Day ceremony
- MLB power rankings: Cardinals back in NL Central basement - and on track for dubious mark
- Roaring Kitty is back and so are meme stocks, GameStop and AMC surge at the opening bell
- Moving abroad can be expensive: These 5 countries will 'pay' you to move there
- Mother fatally mauled by pack of dogs in Quitman, Georgia, 3 children taken to hospital
Ranking
- Could your smelly farts help science?
- Everlane’s Latest Capsule Collection Delivers Timeless Classics That Are Chic, Stylish & Vacation-Ready
- Texas mom's killer is captured after years on the run. Where did he bury her body?
- Duke students walk out to protest Jerry Seinfeld's commencement speech in latest grad disruption
- Friday the 13th luck? 13 past Mega Millions jackpot wins in December. See top 10 lottery prizes
- Mary Lou Retton Is Going to Be a Grandma, Daughter Skyla Expecting First Baby
- 2024 NBA mock draft: Atlanta Hawks projected to take Alex Sarr with No. 1 pick
- A police chase ends with cruisers crashing, officers injured and the pursued vehicle getting away
Recommendation
Nearly 400 USAID contract employees laid off in wake of Trump's 'stop work' order
The Token Revolution of WT Finance Institute: Launching WFI Token to Fund and Enhance 'Ai Wealth Creation 4.0' Investment System
In progressive Argentina, the LGBTQ+ community says President Milei has turned back the clock
A police officer was killed in Pakistan-held Kashmir during protests against price hikes
Pressure on a veteran and senator shows what’s next for those who oppose Trump
King Charles III Shares He’s Lost His Sense of Taste Amid Cancer Treatment
Halle Bailey, Lindsay Lohan and more first-time celebrity moms celebrate Mother's Day 2024
US airlines are suing the Biden administration over a new rule to make certain fees easier to spot