Canada Joins SAFE ( Security Action for Europe )

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Canada and European Union reached a deal to join Security Action for Europe (SAFE) - EU’s flagship defence program.

About Security Action for Europe (SAFE): 
Adopted by the Council of the European Union on the 27th of May 2025, SAFE (Security Action for Europe) is the EU’s new financial instrument designed to provide financial support to Member States to speed up defence readiness by allowing urgent and major investments in support of the European defence industry, with a focus on closing critical capability gaps.

SAFE will provide up to €150 billion in competitively priced, long-maturity loans to Member States requesting financial assistance for investments in defence capabilities.
SAFE will finance urgent and large-scale investments in the European defence technological and industrial base (EDTIB). The aim is to boost production capacity, making sure defence equipment is available when needed, and to address existing capability gaps - ultimately strengthening the EU’s overall defence readiness.

SAFE is also open to third Countries.

SAFE will also allow acceding countries, candidate countries, potential candidates and countries that have signed a Security and Defence Partnerships with the EU, such as the United Kingdom, to join common procurements.

The eligible activities financed through SAFE will relate to the first list of priority areas identified by the European Council on 6 March 2025 and will be divided into two categories of defence products namely ammunition and missiles and air and missile defence systems.


  1. " Joint Statement by President of the European Commission Ursula von der Leyen and Prime Minister of Canada Mark Carney " - European Commission
  2. " SAFE | Security Action for Europe " - European Commission
  3. " SAFE: Council adopts €150 billion boost for joint procurement on European security and defence " - European Council

 

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