Canada has officially joined the EU's loans-for-weapons program
Posted on: Feb 15, 2026 01:14 IST | Posted by: Cbc
Defence government minister saint david McGuinty says Canada has at present officially united the European unification’s Security Action for Europe (SAFE) program, which offers loans to member states to invest in defence capabilities.
The official joining comes less than a year after Prime Minister Mark Carney signed a strategic defence and security partnership with the European Union, which included joining SAFE.
The SAFE program allows partner countries to access low-interest loans for the joint procurement of military gear and weapons. It also allows Canadian companies to bid on those joint projects.
The program was announced by the EU in March and is part of a European effort to rearm in the face of Russia's ongoing war with Ukraine.
On Wednesday, the Council of the EU announced the first wave of financial assistance under SAFE, which can go to Belgium, Bulgaria, Cyprus, Denmark, Spain, Croatia, Portugal and Romania.
The second wave, which the Council said it expects to adopt on Tuesday, will open up financial assistance to Estonia, Greece, Italy, Latvia, Lithuania, Poland, Slovakia and Finland.
Global News Perspectives
In today's interconnected world, staying informed about global events is more important than ever. ZisNews provides news coverage from multiple countries, allowing you to compare how different regions report on the same stories. This unique approach helps you gain a broader and more balanced understanding of international affairs. Whether it's politics, business, technology, or cultural trends, ZisNews ensures that you get a well-rounded perspective rather than a one-sided view. Expand your knowledge and see how global narratives unfold from different angles.
Customizable News Feed
At ZisNews, we understand that not every news story interests everyone. That's why we offer a customizable news feed, allowing you to control what you see. By adding keywords, you can filter out unwanted news, blocking articles that contain specific words in their titles or descriptions. This feature enables you to create a personalized experience where you only receive content that aligns with your interests. Register today to take full advantage of this functionality and enjoy a distraction-free news feed.
Like or Comment on News
Stay engaged with the news by interacting with stories that matter to you. Like or dislike articles based on your opinion, and share your thoughts in the comments section. Join discussions, see what others are saying, and be a part of an informed community that values meaningful conversations.
Download the Android App
For a seamless news experience, download the ZisNews Android app. Get instant notifications based on your selected categories and stay updated on breaking news. The app also allows you to block unwanted news, ensuring that you only receive content that aligns with your preferences. Stay connected anytime, anywhere.
Diverse News Categories
With ZisNews, you can explore a wide range of topics, ensuring that you never miss important developments. From Technology and Science to Sports, Politics, and Entertainment, we bring you the latest updates from the world's most trusted sources. Whether you are interested in groundbreaking scientific discoveries, tech innovations, or major sports events, our platform keeps you updated in real-time. Our carefully curated news selection helps you stay ahead, providing accurate and relevant stories tailored to diverse interests.
No comments yet.