Carney Calls on Canada for Citizens' Army, as NATO Warns of Russian Attack Within 5 Years

[Dr Strangelove]

The EIB is moving to deepen its Canada footprint. At PDAC 2026, the European Investment Bank and the Government of Canada signed a non-binding Letter of Intent to explore cooperation on critical raw materials — potentially enabling the EIB to operate in Canada and support secure supply chains for Europe's green and digital transitions [Eib]. The EIB's president says "the time is ripe" to explore financing Canadian projects [Cbc], which aligns with Carney's push for closer EU-Canada ties.

No financial commitments yet — the next step is negotiating the institutional arrangements needed for the EIB to lend in Canada [Eib].
Head of European Investment Bank eyes Canada opportunities as Carney pushes EU ties