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Canada moves to 2% GDP end of FY25/26 - PMMC

Gimli has entered the chat....
As an aside, what a Gucci base that must have been back in the day. Living and working on the beach in the summer. Tons of trails and recreation in the winter. Good food, reasonably close to Winnipeg, in those days, a train direct to downtown Winnipeg at Union Station. I love visiting Gimli in all seasons.
 
As an aside, what a Gucci base that must have been back in the day. Living and working on the beach in the summer. Tons of trails and recreation in the winter. Good food, reasonably close to Winnipeg, in those days, a train direct to downtown Winnipeg at Union Station. I love visiting Gimli in all seasons.
Oh yes, Gimli .
 
This is a great read - a great read - in understanding all the moving parts between Canada and the EU right now.

Basically it boils down to this - price of entry into ReArm Europe is NOT is buying or investing in Euro arms/ defence, it’s us allowing the EU to turn its back on Russian gas/oil once and for all and for us to provide energy security to the EU.

After reading this, I’m feeling pretty optimistic that pipelines (yes with an ‘s’) to the East will get built.

Of note was talk of shipping nat gas to Thunder Bay and shipping the gas via the Great Lakes to Saint John and then on to Europe. I’ve not read anything about that previously.

 
And looking the other direction -

Canada Japan


Canada and Japan have carved out partnerships involving energy, defence equipment and the sharing of intelligence following talks at the G7 summit.

Most of the issues were agreed upon in principle earlier this year, Japanese Prime Minister Shigeru Ishiba said at a news conference in Calgary on Tuesday evening. However, he confirmed the two countries will soon sign formal agreements.

Canada South Korea



South Korea has a bit of leg up I believe having already invested in oil sands projects, received Alberta crudes and is/was heavily involved with SeaSpan renovations for the NSPS projects.

....

Also South Korea is making friends in Europe with their armoured vehicles and Japan is integrated with the UK and Italy in the Global Combat Aircraft Program.

They are becoming European by association, just like Canada


To quickly expand its defense capabilities, Europe is also exploring strengthening its defense industrial collaboration with trusted partners such as the Republic of Korea, Norway, and Japan (with which the EU signed Security and Defence Partnerships last year), as well as its traditional allies and partners, such as the United Kingdom and the United States.

The only stumbling block is the French. (They are being French).


A diplomatic source told The Telegraph that Paris was seeking to restrict member states looking to make a purchase under the scheme to weapons made mostly within the bloc
French diplomats have insisted the tool should be solely used to boost firms based inside the EU, as well as Norway and Ukraine.
The demand means that Britain, which recently signed a flagship defence and security agreement with Brussels, will be shut out from the majority of projects being funded by the EU’s budget.

The UK will also be blocked from joint procurement projects under the EDIP scheme.

“Not even a month ago, we solemnly declared the turning of pages and opening of new chapters in our relationship with the UK,” an EU diplomat told The Telegraph.

“Yet, at the first occasion to turn those words into action, we have slammed the book shut.”

There are also fears the hard-line French position will see potential EU funding cut from factories producing Patriot surface-to-air interceptors, because they are a US technology.

Not all of the EU is onside with the French position.
 
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