EU and Canada to unveil critical minerals deal at Montreal summit
At the October 29–30 Montreal summit, the EU and Canada are set to announce a deal that would for the first time let the European Investment Bank directly fund Canadian mining projects. The "Alliance for the Future" package also covers digital trade, joint purchase of 50 De Havilland water bombers and strategic stockpiles.
- EIB would for the first time directly finance Canadian critical minerals projects
- "Alliance for the Future" package includes digital trade and 50 De Havilland water bombers
- Canada has mobilized C$18.5 billion under its critical minerals alliance
- Trump's 50% tariffs on steel, aluminum and autos accelerated the deal
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