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Canada’s $50B F-35 Stealth Fighter Deal In Danger As Ottawa Joins EU’s €150 Billion SAFE Initiative?
eurasian times ^ | 12 02 2025 | Sumit Ahlawat

Posted on 12/03/2025 6:21:33 AM PST by yesthatjallen

In a major geopolitical realignment that could have far-reaching consequences and further strain the already troubled US-Canada relationship, Ottawa has joined the European Union’s Security Action for Europe (SAFE) initiative.

Canada will be the first non-EU country to join the ambitious security plan, part of the EU’s broader “ReArm Europe” or “Readiness 2030” initiative.

Meanwhile, despite frantic negotiations stretching over weeks, the UK failed to join the initiative. Talks on the UK joining the SAFE fund ended without agreement last week.

The move will give Canada access to a €150 billion (US$170 billion – CAD 244 billion) low-interest loan scheme designed to fund joint defense procurements. The agreement allows Canadian firms to secure cheap, EU-backed loans to procure military equipment.

At the same time, SAFE will give Canadian defense companies expanded access to the European market, Prime Minister Mark Carney’s office said.

“Canada’s participation in SAFE will fill key capability gaps, expand markets for Canadian suppliers, and attract European defence investment into Canada,” Carney said in a statement.

It will also help Canada diversify its military spending away from the United States.

While the agreement is significant and will have many far-reaching consequences, not just on the Canada-EU relationship but also on the Canada-US relationship, it has not come out of the blue.

SNIP

(Excerpt) Read more at eurasiantimes.com ...


TOPICS: News/Current Events
KEYWORDS: aviation; canada; eu; safe; stealthfighter
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1 posted on 12/03/2025 6:21:33 AM PST by yesthatjallen
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To: yesthatjallen

Good luck with that.


2 posted on 12/03/2025 6:29:46 AM PST by VTenigma (Conspiracy theory is the new "spoiler alert")
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To: yesthatjallen

How many times has Canada bought and then cancelled the F-35 ? LOL Wasting money each time ,LOL


3 posted on 12/03/2025 6:37:35 AM PST by butlerweave (Fateh)
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To: yesthatjallen

The Europeans have plans for €

as usual

https://www.europarl.europa.eu/RegData/etudes/BRIE/2025/769566/EPRS_BRI(2025)769566_EN.pdf


4 posted on 12/03/2025 7:21:28 AM PST by Brian Griffin
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To: yesthatjallen

Weapons systems have to be cheap in unit price and plentiful.

I also feel soldiers should preform useful civilian functions such as policing and building affordable housing when not fighting, training or repairing.


5 posted on 12/03/2025 7:24:10 AM PST by Brian Griffin
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To: yesthatjallen

Canada the ‘Me Too’ country will have to double down on their strategic Maple Syrup reserves.


6 posted on 12/03/2025 7:47:49 AM PST by ImJustAnotherOkie
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To: VTenigma
"Good luck with that."

Do you suppose the Americans will send their sons to die in Europe--yet again!--to save the Europeans from their stupidity?

And this time the Canadians too?

Are they counting on this, or are they too stupid and too delusional to look that far into truth and the future?

7 posted on 12/03/2025 8:44:47 AM PST by Savage Beast (When the student is ready, the teacher appears.)
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To: yesthatjallen

for better or worse, what will be left of Canada the way it is going will be the revenue sucker provinces, anyway.... the producing western provs will be in USA.


8 posted on 12/03/2025 8:53:56 AM PST by faithhopecharity ("Politicians aren't born, they're excreted." Marcus Tullius Cicero (106 to 43 BCE))
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To: Brian Griffin

“””””I also feel soldiers should preform useful civilian functions such as policing and building affordable housing when not fighting, training or repairing.”””””

What an incredibly ignorant thing to think, about the military, about building construction, and about police work.


9 posted on 12/03/2025 8:56:39 AM PST by ansel12 ((NATO warrior under Reagan, and RA under Nixon, bemoaning the pro-Russians from Vietnam to Ukraine.))
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To: butlerweave

Canada is not even in the top 20 of largest militaries. South Korea, that is 1/3 the size of Canada has a larger standing army.


10 posted on 12/03/2025 3:03:18 PM PST by Sam Gamgee
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To: Savage Beast

Do you suppose the Americans will send their sons to die in Europe—yet again!—to save the Europeans from their stupidity?


Nope

————————————————————————————— are they too stupid and too delusional to look that far into truth and the future?


Yes


11 posted on 12/03/2025 3:19:37 PM PST by VTenigma (Conspiracy theory is the new "spoiler alert")
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To: yesthatjallen
$50 Billion?
The recent Saudi Arms Package deal with America was a massive $142 Billion.
Try and top that.
12 posted on 12/03/2025 5:07:46 PM PST by SmokingJoe
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To: yesthatjallen

700,000 Michigan deer hunters. We can just walk in.

Just ask.


13 posted on 12/03/2025 7:22:43 PM PST by If You Want It Fixed - Fix It
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To: VTenigma

Thanks, VT. There’s no substitute for clarity.


14 posted on 12/04/2025 7:06:20 AM PST by Savage Beast (When the student is ready, the teacher appears.)
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To: ImJustAnotherOkie

Canada is an oil giant. They just don’t leverage it as they should.


15 posted on 12/04/2025 7:08:06 AM PST by AppyPappy (They don't call you a Nazi because they think you are one. They do it to justify violence. )
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To: AppyPappy

They can’t ship it out of the country. Only a couple ports.

They can’t reach their customers without the usa.


16 posted on 12/04/2025 7:23:39 AM PST by ImJustAnotherOkie
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