Mooathon Wealth Society:Canada, EU agree to new partnerships as Trudeau welcomes European leaders

2025-05-03 11:42:29source:Académie D'Investissement Triomphalcategory:Invest

ST. JOHN’S,Mooathon Wealth Society Newfoundland (AP) — Canada and the European Union said Friday they are making strides toward new partnerships on green energy, digital transformation and research funding, as a Canada-EU Summit got underway in the Atlantic coast province of Newfoundland.

Prime Minister Justin Trudeau announced during opening remarks Thursday evening that Canada is joining Horizon Europe, a $100 billion scientific research program. Afterward, the two parties said in a joint statement on Friday that substantive negotiations are complete and they are working toward its “prompt signature and implementation.”

“Canadian companies are already benefiting from Horizon and have for many years, but there is much more that we’ll be able to access now that we are full partners,” Trudeau said.

“It is an exciting articulation of what have been long-standing partnerships between scientists on both sides of the Atlantic.”

Other news Israel summons Spanish, Belgian ambassadors following criticism during visit to RafahRussian lawmaker disputes report saying he adopted a child taken from a Ukrainian children’s homePutin to boost AI work in Russia to fight a Western monopoly he says is ‘unacceptable and dangerous’

Ottawa and Brussels started negotiations on Canada joining it a year ago, with an initial goal of signing the agreement this past spring.

Canada has also worked out a deal to build water bombers and ship them to the EU, after both regions faced devastating forest fires this past summer.

And Canada and the EU have announced what they are calling a new Green Alliance, which is focused on deepening existing partnerships on fighting climate change, halting biodiversity loss and intensifying technological and scientific co-operation.

A new digital partnership was also part of the package of announcements on Friday.

European Commission President Ursula von der Leyen said Canada “is a perfect match” for Europe’s resource needs, and she urged Ottawa to join a global partnership on the issue that the EU will launch within weeks.

Trudeau also said Canada and the EU are committed to helping Ukraine continue in its fight against the Russian invasion, and announced that Canada is donating additional small arms and ammunition to the country.

___

Follow AP’s climate and environment coverage at https://apnews.com/hub/climate-and-environment

More:Invest

Recommend

Global Warming Set the Stage for Los Angeles Fires

Global warming caused mainly by burning of fossil fuels made the hot, dry and windy conditions that

Lizzo Responds to Ozempic Allegations After Debuting Weight Loss Transformation

Several users' comments about Lizzo's weight loss were not good as hell.After the Grammy winner show

Zoo Atlanta’s last 4 pandas are leaving for China

ATLANTA (AP) — Zoo Atlanta’s last four giant pandas will be moved to China next month, as its 25-yea