Insights
Canada | Publication | June 27, 2025
Canada and the European Union signed a Security and Defence Partnership (SDP), which formalizes a mutual intent to foster closer ties by establishing a framework for dialogue and cooperation across the full security and defence spectrum. The SDP, which is a high-level framework setting out areas of cooperation, was one of a number of initiatives undertaken at the 2025 EU – Canada Summit, on June 23, with the goal of forging a comprehensive partnership between the two, while diversifying Canada’s international partnerships. The SDP covers a range of matters related to security and defence including:
The joint statement issued following the summit refers to the possibility of increased defence procurement cooperation through collaboration with ReArm Europe Plan/Readiness 2030 (ReArm) by launching work towards a bilateral agreement related to the Security Action for Europe (SAFE) instrument. ReArm is a proposal to leverage over €800 billion in defence spending, including via SAFE, which is a new European financial instrument intended to raise up to €150 billion in the capital markets to accelerate defence investment. According to a press release from the Prime Minister’s Office, entry into the SDP “is the intentional first step toward Canada’s participation in [SAFE]. Canada’s participation in this initiative will create significant defence procurement and industrial opportunities for Canada.
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Afghanistan’s power sector is the cornerstone of the country’s economic development agenda, underpinning ambitions of industrialisation, economic growth and improved living standards. Despite the abundant resources - including hydropower, solar, wind and gas - Afghanistan continues to face energy access challenges.
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As with earlier editions, the 6th European Edition of High Yield Bonds: An Issuer’s Guide is primarily intended for first-time issuers, to give business owners, chief financial officers, treasurers, in-house lawyers and other key stakeholders a better understanding of the high-yield product, and to help them evaluate the pros and cons of issuing high-yield notes.
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