This is significant. Canada is the only country outside of the EU (including the UK) that was invited to join SAFE.
As EU countries strengthen their defence capabilities through SAFE, Canadian participation will give our defence industry expanded access to the European market, attract new reliable suppliers for the Canadian Armed Forces, and catalyse massive private investment in Canada – creating...
www.pm.gc.ca
This gains Canadian defence manufacturers easier access to European markets. The sad truth is that both investors and the CAF prefer dealing with companies that already have products on the market. This market access tool will build the Defence Industrial Base that the CAF needs for resilience, readiness, and rapid procure / deploy.
Not every move is designed for a quick win...especially if you have severely atrophied the industrial infrastructure over the last 50 years.