Canada and European Union Forge New "Alliance for the Future" with Digital Trade and Competition Agreements

At their 21st summit, Canada and the European Union announced a new "Alliance for the Future," introducing over twenty new measures aimed at enhancing affordability, opportunity, and sovereignty. Key outcomes include the conclusion of a Digital Trade Agreement, Canada's first dedicated entirely to digital trade, and a new Competition Agreement to combat anti-competitive practices. The alliance also deepens cooperation on defense, critical minerals supply chains, and space, including collaboration on satellite systems and positioning services.