Canada-EU summit will kick off formal talks on closer ties: Carney

Source: Global News Politics
Date: 2026-10-27 17:05:20.0
Tags: [National, Trade, Economy, Labour, Resources, Mining]

Prime Minister Mark Carney is meeting with European Union President Ursula von der Leyen and other EU officials in Montreal for a summit launching formal negotiations on an enhanced alliance and deeper partnership over the next year. The talks follow the 10th anniversary of the Comprehensive Economic and Trade Agreement (CETA) and encompass specialized labour mobility, potential Canadian participation in the Erasmus+ student exchange program, and critical minerals collaboration to reduce reliance on China. Additionally, the European Investment Bank has applied for an exemption from Canadian foreign banking rules to operate domestically as part of the critical minerals framework.