# transatlantic ties

Canada Joins EU’s Big Defence Finance Plan, Becoming First Non‑European Partner — and Opening Its Arms Industry to Europe

Canada has become the first non‑European participant in the EU’s large defence financing instrument, gaining access for its defence industry to European procurement supported by up to €150 billion in loans. The move deepens transatlantic industrial ties, signals a pragmatic streak in EU strategic autonomy, and raises questions about procurement, export controls and future partner participation.