WEBVTT NOTE Brussels Live. Transcribed and translated automatically from the original sound. Mistakes are possible. Independent service, not affiliated with the European Parliament or the European Commission. Source: © European Union. AI-generated: Transcripts, translations and summaries on this site are generated automatically by AI: speech recognition (Soniox), machine translation and summaries (Mistral AI). Not edited by humans before publication. EU AI Act, Article 50. 00:03:46.280 --> 00:03:53.172 That will leverage our strategic capabilities and a variable geometry of like-minded 00:03:53.226 --> 00:03:57.445 nations to address common issues. The alliance will focus on increasing our 00:03:57.484 --> 00:04:02.093 collective sovereignty and resilience in areas such as AI, energy, critical 00:04:02.167 --> 00:04:09.498 minerals, quantum, and beyond. And in parallel, and at the foundation, we are 00:04:09.572 --> 00:04:16.995 working toward the deepest possible partnership, short of accession, because of our 00:04:17.060 --> 00:04:24.740 geography, with Canada becoming the European Union's first associate member. 00:04:24.920 --> 00:04:30.514 In the coming months, we will determine the full substance, scale, and scope of this 00:04:30.645 --> 00:04:36.693 new form of membership. The Presidents and I will meet periodically to track 00:04:36.784 --> 00:04:42.898 progress. In March, we will convene the College of the European Commissioners and 00:04:43.010 --> 00:04:50.264 our federal cabinet here in Canada. To advance this work, and in June, I have 00:04:50.382 --> 00:04:55.586 accepted President Costa's invitation to attend the European Council meetings where 00:04:55.645 --> 00:05:01.035 we intend, by that point, to conclude these negotiations and discussions. 00:05:01.100 --> 00:05:06.055 And I want to spend a few moments—if I may—just talk about what this means for 00:05:06.126 --> 00:05:10.392 Canadians: the parallel points, of course, hold for Europeans. 00:05:10.460 --> 00:05:17.738 Well, it means more opportunity, greater affordability, and yes, deeper sovereignty. 00:05:17.960 --> 00:05:22.537 Canada being an associate member of the European Union creates opportunity that 00:05:22.631 --> 00:05:29.687 starts with our young people. We'll begin negotiations to expand our participation 00:05:29.805 --> 00:05:34.560 in Erasmus+. Europe's world-renowned student and skills exchange program. 00:05:34.640 --> 00:05:38.625 So what does that mean? It means through this program, a Canadian student can pursue 00:05:38.699 --> 00:05:43.465 their studies, in Barcelona, just as easily as they could at McGill. 00:05:43.580 --> 00:05:48.766 It means an apprentice welder in Manitoba can bring—and complete—their placement 00:05:48.842 --> 00:05:52.460 with an employer in Italy, bringing new skills back home. 00:05:53.960 --> 00:06:02.540 For our researchers, this would mean gaining access to Jupiter, one of the most 00:06:02.625 --> 00:06:10.683 powerful supercomputers ever built. For example, Jupiter can perform in a single day 00:06:10.772 --> 00:06:19.396 a calculation that would take six months. This is the most powerful research 00:06:19.583 --> 00:06:27.172 supercomputer here in Canada. For our researchers fighting cancer, this means a 00:06:27.243 --> 00:06:34.719 response as early as tomorrow, rather than next spring. 00:06:34.790 --> 00:06:40.929 Canada will launch negotiations to participate in the next generation of Horizon 00:06:41.147 --> 00:06:48.585 Europe programmes. This participation will enable our researchers to pool their 00:06:48.650 --> 00:06:56.054 resources, collaborate on cutting-edge technologies and take advantage of our 00:06:56.142 --> 00:07:00.965 world-class research institutes and universities. 00:07:01.039 --> 00:07:10.527 By pooling our resources, we bring together more talent and pave the way for more 00:07:10.605 --> 00:07:11.805 discoveries. 00:07:13.100 --> 00:07:18.311 For our entrepreneurs, the digital trade agreement that you just saw signed combined 00:07:18.355 --> 00:07:23.298 with seamless payments will make it easier to sell online in Europe. 00:07:23.420 --> 00:07:27.696 So a business owner in Manitoba, or a lobster harvester in Prince Edward Island, 00:07:27.740 --> 00:07:32.101 will clear customs faster, getting their products to European markets at tech 00:07:32.156 --> 00:07:37.228 startup in Vancouver will have a smoother path to customers in Berlin. 00:07:37.400 --> 00:07:41.060 Bottom line: less red tape, more growth, more opportunity. 00:07:42.620 --> 00:07:50.694 Second, affordability. This alliance will enable our financial infrastructure to be 00:07:50.754 --> 00:07:55.378 directly linked to the European instant payment systems. 00:07:55.460 --> 00:08:02.154 So, transactions that previously required weeks of delay and redundant 00:08:02.238 --> 00:08:07.820 administrative formalities will now be carried out without difficulty. 00:08:09.680 --> 00:08:16.340 We've concluded as well negotiations for a new Canada-EU competition agreement, 00:08:16.400 --> 00:08:21.958 which will promote competition in sectors from consumer goods to technology, while 00:08:22.025 --> 00:08:28.003 cracking down on anti-competitive practices online. 00:08:28.220 --> 00:08:32.383 We'll explore opening our markets to each other's banks, insurers, and fintechs—more 00:08:32.437 --> 00:08:37.439 competition means better, more affordable services for families. 00:08:37.580 --> 00:08:41.534 And most fundamentally, all Canadians will benefit from more ready access to a wide 00:08:41.586 --> 00:08:48.938 range of European goods and services. Thirdly, today is about sovereignty. 00:08:49.040 --> 00:08:53.534 We're building the industries and infrastructure that underwrite our collective 00:08:53.600 --> 00:08:54.800 security. 00:08:55.280 --> 00:09:03.740 In a show of support, Canada has become the first non-European country to join the 00:09:03.871 --> 00:09:12.306 SAFE initiative. Right here in Montreal, Canadian workers at Marconi and Galvion are 00:09:12.370 --> 00:09:17.540 manufacturing military equipment for our allies in Poland and Latvia. 00:09:18.680 --> 00:09:21.020 The global eye is fabriqué ici, 00:09:21.560 --> 00:09:29.567 as part of a partnership between SABE and Bombardier, supporting 3,000 Canadian 00:09:29.696 --> 00:09:33.620 jobs. And this is only the beginning. 00:09:35.840 --> 00:09:38.360 Because in the other direction, of course. 00:09:38.420 --> 00:09:43.482 Europe already buys Canadian water bombers, and as part of this agreement, we are 00:09:43.545 --> 00:09:48.506 backstopping a significant increase—Canada is a significant increase in water bomber 00:09:48.560 --> 00:09:53.267 production—the Haviland will soon open a second production line in Wheatland County, 00:09:53.339 --> 00:09:58.026 Alberta, the company will significantly increase the production of this world-class 00:09:58.096 --> 00:10:03.899 aircraft to help Canadians and Europeans fight the increasingly devastating 00:10:03.980 --> 00:10:05.180 firefighters. 00:10:06.500 --> 00:10:14.413 Canada is already establishing itself as a supplier of choice for Europe’s energy 00:10:14.546 --> 00:10:22.799 needs. Thanks to new supply agreements between Silicon Safe and Juniper, low-carbon 00:10:22.891 --> 00:10:29.060 LNG from British Columbia will power households and industries in Germany. 00:10:30.440 --> 00:10:34.700 Through our new alliance, through our new partnership, Canada is launching 00:10:34.760 --> 00:10:40.017 negotiations to join Galileo, Europe's positioning navigation and timing system, and 00:10:40.071 --> 00:10:45.104 this will strengthen the reliability of GPS services across Canada very much 00:10:45.153 --> 00:10:51.453 including the Arctic, building our resilience with our most trusted partner. 00:10:51.680 --> 00:10:56.615 We're deepening cooperation on semiconductors, we're taking the first steps towards 00:10:56.672 --> 00:11:00.477 new transatlantic and potentially transarctic data cables. 00:11:00.560 --> 00:11:05.862 The point is, we're leveraging and complementing each other's strengths and building 00:11:05.924 --> 00:11:11.936 our resistance, our resilience. Creating more choice, ensuring that we are not 00:11:12.022 --> 00:11:13.222 beholden to others. 00:11:14.840 --> 00:11:20.398 Indeed, we are building a transatlantic arch between Canada and the European Union. 00:11:20.496 --> 00:11:26.473 An arch founded on partnership, balance and mutual respect. 00:11:26.597 --> 00:11:34.479 And like any great arch, its strength comes from the support that each side gives to 00:11:34.579 --> 00:11:41.430 the other. The more we use it, the stronger it becomes. 00:11:41.544 --> 00:11:49.205 The stronger it becomes, the more opportunities it creates, and the more our lives 00:11:49.274 --> 00:11:50.474 improve. 00:11:51.380 --> 00:11:55.924 This alliance is built for people, the student in Edmonton who wants to study in 00:11:55.971 --> 00:12:02.033 Stockholm, the cancer researcher in Saskatoon who needs her answer today, not next 00:12:02.082 --> 00:12:07.256 spring, the Vancouver startup with new customers in Berlin. 00:12:07.400 --> 00:12:15.522 The sovereignty for all of our citizens. Sovereignty gives us more choice, the 00:12:15.570 --> 00:12:20.767 freedom to live our lives as we choose on our own terms, the ambition to build a 00:12:20.820 --> 00:12:24.574 better, more prosperous world for ourselves, our children, and our children's 00:12:24.620 --> 00:12:32.794 children. Today we move towards associate membership for Canada, and we launch a new 00:12:32.871 --> 00:12:38.357 alliance for the future that will deliver now and in the future with like-minded 00:12:38.420 --> 00:12:43.533 nations. We're just getting started. And with that, it's my pleasure to hand to 00:12:43.599 --> 00:12:44.799 President Costa. 00:12:48.320 --> 00:12:53.686 Dear Marc, dear Ursula, Ministers, Commissioners, good morning, all. 00:12:53.728 --> 00:13:00.331 First of all, thank you to Prime Minister Marc Carney for your warm welcome here in 00:13:00.402 --> 00:13:07.693 Montreal. Between Europe and Canada, there is an ocean that brings us closer. 00:13:07.795 --> 00:13:14.955 The Atlantic has made us share history and our values, and it inspires us in our 00:13:15.052 --> 00:13:22.055 ambitions. The summit we have just held has demonstrated this in a resounding 00:13:22.158 --> 00:13:26.607 manner. Let us take a moment to recall how we got here. 00:13:26.678 --> 00:13:37.157 He is 50 years old. In 1976, Canada and the European Communities signed their first 00:13:37.253 --> 00:13:44.309 bilateral agreement. Ten years ago, our Comprehensive Economic and Trade Agreement – 00:13:44.424 --> 00:13:50.994 the famous CETA – and our Strategic Partnership Agreement marked a new step, 00:13:51.073 --> 00:13:57.744 strengthening our economic ties and our structured political cooperation. 00:13:57.822 --> 00:14:02.045 Today, we are jointly choosing a new course. 00:14:02.129 --> 00:14:09.198 One of a partnership for the future and an ever closer association. 00:14:09.271 --> 00:14:15.339 To consolidate our common prosperity, to strengthen our security, and to give a 00:14:15.422 --> 00:14:20.102 dimension new momentum to our political cooperation. 00:14:20.181 --> 00:14:25.897 This alliance has as its primary objective to deliver concrete results for our 00:14:25.968 --> 00:14:29.944 citizens, for our businesses, and for our workers. 00:14:30.051 --> 00:14:35.304 And to do this, we must honour our commitments. 00:14:35.396 --> 00:14:42.257 Our economic partnership is working. Since the entry into force of CETA, trade 00:14:42.350 --> 00:14:48.793 between Canada and the European Union has increased by nearly 80%. 00:14:48.925 --> 00:14:57.151 And we intend to go even further. We are concluding a new agreement on digital 00:14:57.285 --> 00:15:04.657 trade. We are strengthening our investments in our respective economies. 00:15:04.744 --> 00:15:11.108 We are making progress towards better mutual recognition of our qualifications. 00:15:11.197 --> 00:15:17.424 We are deepening our cooperation on competitiveness and economic security. 00:15:17.513 --> 00:15:24.409 In short, we are making our partnership an engine for growth and employment. 00:15:24.476 --> 00:15:30.020 We are also making progress in implementing our security and defence partnership. 00:15:30.920 --> 00:15:36.783 Through strengthened industrial cooperation, and also through Canada's participation 00:15:36.839 --> 00:15:42.498 in our SAFE programme, the first non-European country to join it. 00:15:42.596 --> 00:15:48.773 And we are working hand in hand to support Ukraine, in the face of the war of 00:15:48.837 --> 00:15:52.164 aggression waged by Russia for almost five years. 00:15:52.237 --> 00:15:58.642 In this regard, I would like to commend the decision taken by the Prime Minister to 00:15:58.708 --> 00:16:02.862 contribute through the Ukraine Support Loan. 00:16:02.972 --> 00:16:09.956 This is a strong signal of our joint commitment alongside Ukraine, for the long 00:16:10.042 --> 00:16:13.100 term, and for as long as it will be necessary. 00:16:14.960 --> 00:16:19.000 Our second objective is to look ahead together. 00:16:19.100 --> 00:16:23.426 We want to build a never closer association. 00:16:23.540 --> 00:16:28.019 What does this mean in practice for our citizens and companies? 00:16:28.100 --> 00:16:35.283 It means fewer barriers to trade, more investments, and closer cooperation on 00:16:35.357 --> 00:16:41.296 critical raw materials. It means deepening collaboration in research and innovation, 00:16:41.369 --> 00:16:47.008 building on the success of Canada's participation in Horizon Europe. 00:16:47.120 --> 00:16:54.160 It means better protecting our citizens against health crises and natural disasters. 00:16:54.260 --> 00:17:01.321 Canada's contribution to tackle wildfires in Europe has demonstrated the strength of 00:17:01.400 --> 00:17:08.812 our solidarity. It means bringing our people closer together, making it easier to 00:17:08.889 --> 00:17:14.906 study and work across the Atlantic, including through a new use mobility 00:17:15.020 --> 00:17:22.220 partnership. Finally, it means deepening our political and institutional ties. 00:17:22.400 --> 00:17:30.117 And this is our third objective: 50 years ago, our first framework agreement spoke 00:17:30.232 --> 00:17:38.030 on common heritage, and especially affinity and the shared aspirations that unite 00:17:38.192 --> 00:17:43.981 us. Today, the time has come to build a broader and deeper political and 00:17:44.054 --> 00:17:51.099 institutional partnership, one that reflects the major partners, strategic allies, 00:17:51.200 --> 00:17:57.608 and close friends we have become. That's why we are starting a never closer 00:17:57.716 --> 00:18:05.733 association. Our relationship is so special that we want to create something new: 00:18:05.850 --> 00:18:14.572 to go beyond a simple association, everything short of a full EU membership. 00:18:14.720 --> 00:18:22.106 Our association will be the closest deepest and most unique of its kind. 00:18:22.220 --> 00:18:28.594 We will do it through closer engagement at the highest political level. 00:18:28.700 --> 00:18:35.083 And by identifying shared priorities, and coordinating our responses to common 00:18:35.160 --> 00:18:40.032 challenges. We are already putting this into practice. 00:18:40.160 --> 00:18:46.903 Dear Marc, I was delighted to welcome you in the Eravan last May as the first 00:18:46.979 --> 00:18:52.990 non-European leader to attend a European political community summit, and we look 00:18:53.060 --> 00:18:57.718 forward to welcoming you again in Dublin in two weeks. 00:18:57.800 --> 00:19:05.268 Thank you. But we can go further. It is great news that you and Ursula agreed to 00:19:05.331 --> 00:19:09.054 have a college-to-government meeting in the spring. 00:19:09.140 --> 00:19:14.720 And I will be delighted to host you during the European Council, in June. 00:19:15.920 --> 00:19:23.877 Like you, Marc, I believe that our alliance should serve as a beacon for other 00:19:23.994 --> 00:19:30.109 democracies. At a time where the international rules-based order is under pressure, 00:19:30.200 --> 00:19:34.867 we share our special responsibility to defend it. 00:19:35.000 --> 00:19:38.549 And we have seen the power of our cooperation. 00:19:38.660 --> 00:19:44.927 When the European Union and Canada jointly launch the Partners for Multilateralism 00:19:44.995 --> 00:19:50.756 Initiative during the last United Nations General Assembly, many other United 00:19:50.832 --> 00:19:56.955 Nations quickly joined our call for effective multilateralism and collective action 00:19:57.046 --> 00:20:02.086 to uphold international law and tackle global challenges. 00:20:02.180 --> 00:20:09.341 We are choosing to navigate a new course across the Atlantic together, with a clear 00:20:09.440 --> 00:20:14.343 direction and a shared determination to shape the future. 00:20:14.420 --> 00:20:22.088 Today, we embark on a new chapter. With ambition, with confidence, and with the wind 00:20:22.172 --> 00:20:24.020 in our sails. Thank you very much. 00:20:24.320 --> 00:20:25.940 Thank you very much. Very good. Well done. 00:20:30.980 --> 00:20:34.820 Thank you very much, and good afternoon, dear Marc, dear Antonio. 00:20:35.840 --> 00:20:41.569 And hello. Since we are in Quebec, and it is only natural that we should meet here 00:20:41.646 --> 00:20:47.034 in Montreal to talk about the future of our relationship. 00:20:47.097 --> 00:20:51.621 Montreal is a city built on the meeting of peoples. 00:20:51.691 --> 00:20:58.460 It is a city that symbolises what unites Canada and Europe, for many long centuries. 00:20:59.480 --> 00:21:04.730 And without a doubt, Canada is the most European country outside Europe. 00:21:04.880 --> 00:21:10.533 Because what brings us together goes far beyond geography. 00:21:10.640 --> 00:21:18.611 We see the world through the same eyes. What matters nowadays is not where a country 00:21:18.697 --> 00:21:25.140 is on the map, but what it is ready to build with us, and what it stands for. 00:21:25.220 --> 00:21:29.573 In a world of fierce geopolitical headwinds. 00:21:29.780 --> 00:21:37.400 These headwinds won't stop blowing. This change is permanent, and now it is time to 00:21:37.477 --> 00:21:43.545 act with confidence and with vision, to build a new future. 00:21:43.760 --> 00:21:50.540 And this is what makes today's summit so unique and, as you said, so historic. 00:21:50.720 --> 00:21:55.267 Today we haven't looked backwards. But only forward. 00:21:55.400 --> 00:22:00.834 Setting out a vision for the future. We both want to bring our relationship to the 00:22:00.946 --> 00:22:08.050 highest level possible, so at the summit, one of the main points we discussed was 00:22:08.146 --> 00:22:13.790 the idea of Canada becoming an associate member to the European Union. 00:22:13.880 --> 00:22:21.384 And our idea is simple: it is an association with out-accession, because the 00:22:21.450 --> 00:22:27.374 treaties are clear and don't allow it, a country outside Europe cannot join the 00:22:27.455 --> 00:22:36.215 European Union, but we can replace the term accession with a common ambition and 00:22:36.360 --> 00:22:42.894 vision. We can build a partnership that comes closer to membership than anything 00:22:43.019 --> 00:22:46.831 we've done before. The three clear objectives: 00:22:46.885 --> 00:22:53.120 more opportunities, for our people. More prosperity on both sides of the Atlantic. 00:22:53.240 --> 00:22:59.126 And greater security for all of us. How do we get there? 00:22:59.240 --> 00:23:06.890 We're looking at three pillars: policies, programs, and governance. 00:23:07.040 --> 00:23:12.824 First on policies: we want to shape more of our policies together. 00:23:12.980 --> 00:23:19.569 With much closer alignment, from climate and energy to AI innovation and security, 00:23:19.648 --> 00:23:27.343 you just name it. We want to consult each other at all stages, so from inception to 00:23:27.500 --> 00:23:32.785 implementation. The second pillar is about programs. 00:23:32.840 --> 00:23:39.068 We want Canada to participate more fully in European Union programs. 00:23:39.260 --> 00:23:43.407 You are already in SAFE, our defense industry program. 00:23:43.520 --> 00:23:49.531 Now we want to expand our cooperation on the Horizon Europe, for example, and bring 00:23:49.619 --> 00:23:56.092 Canada fully into Erasmus+, because we want our people to study, to work, and to 00:23:56.177 --> 00:23:58.820 research and innovate together. 00:23:59.060 --> 00:24:03.560 Because these are the strongest bridges across the Atlantic, and built through 00:24:03.620 --> 00:24:06.020 millions, of individual stories. 00:24:06.440 --> 00:24:07.640 Yeah. 00:24:08.120 --> 00:24:14.590 And the third pillar is governance. We want to bring our institutions much closer 00:24:14.660 --> 00:24:21.500 together, and the fact that 10 members of my college college are here, joined me 00:24:21.560 --> 00:24:25.957 today, this already speaks volumes about our ambition. 00:24:26.060 --> 00:24:32.456 And indeed, we will organize a full government-to-college meeting in spring, and 00:24:32.570 --> 00:24:36.829 this cooperation could also entail, for example, parliament-to-parliament or 00:24:36.876 --> 00:24:41.128 court-to-court, or yesterday when we saw the business sector, there was the 00:24:41.216 --> 00:24:47.699 suggestion to do business-to-business. Yes, the concept of an associate member is 00:24:47.790 --> 00:24:55.670 uncharted territory. But we have the ambition, trust, and creativity to shape it 00:24:55.798 --> 00:25:01.088 together. And to be crystal clear, this is a partnership, not against anyone else, 00:25:01.162 --> 00:25:09.073 but for our common strength. Bilaterally, this is the highest form of partnership. 00:25:09.140 --> 00:25:15.180 But we have also looked beyond our bilateral relationship to the world as a whole. 00:25:15.320 --> 00:25:20.420 Indeed, you said, Marc, the new international order will also be built from Europe. 00:25:20.600 --> 00:25:21.020 Mm. 00:25:21.020 --> 00:25:28.248 With Canada as part of it. And in a world of growing rivalries, sovereignty is no 00:25:28.309 --> 00:25:35.660 longer the freedom to act alone, but it is the capacity to act together. 00:25:35.840 --> 00:25:39.628 And this is why we're building the Alliance for the Future. 00:25:39.860 --> 00:25:45.604 And we start with Canada, the European Union, and Canada kind of the nucleus. 00:25:45.680 --> 00:25:52.076 Together we want to create a common space for growth, prosperity, resilience, and 00:25:52.162 --> 00:25:58.850 economic security, and today we took the first concrete steps towards it. 00:25:59.000 --> 00:26:04.902 First, we concluded negotiations on our digital trade agreement, we just witnessed 00:26:05.005 --> 00:26:11.210 it. Think of this digital trade agreement as the digital arm of CETA. 00:26:11.540 --> 00:26:15.868 Second, we're finalizing an agreement between Canada and the European Investment 00:26:15.920 --> 00:26:21.000 Bank. It is about investment in critical raw materials. 00:26:21.140 --> 00:26:26.078 Third, we are opening Europe's supercomputing infrastructure to Canada. 00:26:26.180 --> 00:26:32.152 Giving our researchers and businesses more opportunities to innovate together. 00:26:32.240 --> 00:26:37.416 We're strengthening our joint ambitions to lead on innovative and trustworthy 00:26:37.520 --> 00:26:44.538 artificial intelligence. And fourth, on space, we're deepening cooperation on secure 00:26:44.600 --> 00:26:52.016 satellite connectivity, we're exploring Canada's participation in our Galileo IRIS 00:26:52.160 --> 00:26:57.633 Square or GovSatCom programs, and more to come. 00:26:57.740 --> 00:27:03.457 And finally, we're also joining forces in the information space. 00:27:03.620 --> 00:27:09.448 With a new framework for democratic resilience, to better protect the integrity of 00:27:09.519 --> 00:27:19.166 our democratic processes. Dear Marc, let me finish with a word on Ukraine. 00:27:19.340 --> 00:27:25.846 Canada has always been at the side of Ukraine and the Ukrainian people, and we thank 00:27:25.940 --> 00:27:32.258 you for that. Today we agreed on Canada's participation in our $90 billion Ukraine 00:27:32.360 --> 00:27:38.775 support loan, this sends a powerful message to Ukraine. 00:27:38.960 --> 00:27:43.220 Together we're stepping up our support for Ukraine. 00:27:44.720 --> 00:27:50.173 And I would like to conclude by thanking the Prime Minister and his government for 00:27:50.272 --> 00:27:57.103 their exceptional hospitality. And I also want to thank you for the quality of our 00:27:57.189 --> 00:28:03.268 discussion, I think I am speaking on behalf of my friend Antonio when I say thank 00:28:03.364 --> 00:28:08.180 you for such a successful summit. Thank you very much. 00:28:08.360 --> 00:28:09.560 Thank you very much. Thank you, thank you. 00:28:18.260 --> 00:28:21.500 For the European Union and then a question for Canada, we will alternate. 00:28:22.040 --> 00:28:24.380 Please identify yourself and who the question is for. 00:28:24.380 --> 00:28:26.480 Please, you register and to whom the question is addressed. 00:28:26.660 --> 00:28:28.100 Première question, first question, EU. 00:28:28.640 --> 00:28:29.360 Thank you so much. 00:28:29.360 --> 00:28:30.380 Thank you very much, Alex. 00:28:30.380 --> 00:28:34.185 Can I have your TVP World? Prime Minister Carney, we've just heard about you joining 00:28:34.220 --> 00:28:35.540 the EU support loan for Ukraine. 00:28:35.720 --> 00:28:35.960 Yes. 00:28:35.960 --> 00:28:38.504 Can you give us a bit more information? How much? 00:28:38.600 --> 00:28:43.690 When? Would be very interesting to us. And a question for President von der Leyen, 00:28:43.732 --> 00:28:47.264 if I may. We've seen strong pushback from Germany on your decision to call this an 00:28:47.326 --> 00:28:52.200 associate membership for Canada, and with elections across the European Union next 00:28:52.249 --> 00:28:55.848 year, seeming likely to return even less sympathetic governments. 00:28:55.880 --> 00:28:59.932 Are you not worried that in about a year's time all of this could be much more 00:28:59.984 --> 00:29:04.188 difficult, if not scrambled altogether, in a very short one for both of you, if I 00:29:04.252 --> 00:29:11.188 may, at the outset? Would President Trump be welcome in the Alliance for the Future? 00:29:11.300 --> 00:29:14.180 Thank you. Okay. 00:29:15.920 --> 00:29:22.043 On your first question, with respect to the Ukraine loan, about $500, the short 00:29:22.097 --> 00:29:27.418 answer is about $500 million euros, actually it is $500 million euros, will be our 00:29:27.500 --> 00:29:32.525 initial participation. This is a very important and effective mechanism, and I 00:29:32.573 --> 00:29:37.831 actually commend the innovation of President von der Leyen, the Commission, and 00:29:37.880 --> 00:29:43.285 President Costa in creating this. Using frozen assets in order to provide 00:29:43.340 --> 00:29:50.397 much-needed financing for Ukraine. Of course, what comes behind that is tangible 00:29:50.514 --> 00:29:55.385 support for defense and reconstruction. In Ukraine. 00:29:55.520 --> 00:30:00.096 We had a broader discussion of the broader financing needs and security needs of 00:30:00.164 --> 00:30:05.073 Ukraine as we often do, as we meet. There's a number of other avenues with partners, 00:30:05.120 --> 00:30:10.086 and I'll make the point as by way of illustration, if I could. 00:30:10.160 --> 00:30:14.719 Forgive me if it's not a perfect analogy, but it's illustrative. 00:30:14.780 --> 00:30:20.113 As you're aware, we are members of the coalition of the willing, as are many other 00:30:20.184 --> 00:30:25.736 countries. That is an example of an application of what would be an alliance for the 00:30:25.805 --> 00:30:32.010 future. In that there's a specific objective, which is to support the people of 00:30:32.057 --> 00:30:36.897 Ukraine, support the principles of territorial integrity, freedom, democracy, that 00:30:36.951 --> 00:30:39.675 is focused on, as you know, security guarantees. 00:30:39.740 --> 00:30:44.429 It's possibility through this mechanism, this ambition, this nucleus, to broaden 00:30:44.480 --> 00:30:47.915 that level of support using those mechanisms. 00:30:48.020 --> 00:30:54.087 And the only, what I would say, I'm going to pick up and then I will hand, reinforce 00:30:54.134 --> 00:31:00.939 something that President von der Leyen said, which is this is a positive 00:31:01.100 --> 00:31:05.471 association. This is a positive alliance. This is four things. 00:31:05.540 --> 00:31:10.702 It's about creating opportunity building prosperity, addressing sustainability, and 00:31:10.783 --> 00:31:16.477 reinforcing sovereignty. Why? So we can live our lives as we choose. 00:31:16.520 --> 00:31:19.771 Our people can live their lives as they choose and have the full freedoms that 00:31:19.823 --> 00:31:22.591 people enjoy in the European Union and enjoy in Canada. 00:31:22.640 --> 00:31:28.700 So it's not against anything, it's for. And those who choose to be for solutions 00:31:28.840 --> 00:31:30.860 will be pleased with the result. 00:31:31.460 --> 00:31:33.140 And I can pick up here indeed. 00:31:33.440 --> 00:31:33.920 Thank you. 00:31:33.920 --> 00:31:39.935 There's a broad support and shared ambition among the member states, but you also 00:31:40.014 --> 00:31:46.305 experience it in the European Parliament, a vast majority that is for the fact to 00:31:46.367 --> 00:31:49.092 bring Canada closer to the European Union. 00:31:49.160 --> 00:31:53.123 We would have loved to discuss about membership, full-fledged membership, but it is 00:31:53.169 --> 00:31:57.814 impossible. We know that. And therefore we are exploring the closest ever 00:31:57.906 --> 00:32:05.660 association to the membership in the European Union, and this is the start of an 00:32:05.727 --> 00:32:10.233 intense work that we see here. We have the vision, we have an idea, we have to 00:32:10.283 --> 00:32:15.102 develop the framework, we have to fill it with life now, but on one thing I'm 00:32:15.168 --> 00:32:21.012 absolutely sure, having spoken a lot about this idea in the last weeks, that is the 00:32:21.080 --> 00:32:24.860 broad support to have Canada much, much closer to the European Union. 00:32:26.360 --> 00:32:28.400 Forgive me if, 00:32:28.580 --> 00:32:34.987 small in French, it is necessary, just as regards whether I can, as regards our 00:32:35.094 --> 00:32:41.322 relations, Canada-European. So, it is the closest possible collaboration and 00:32:41.389 --> 00:32:47.016 partnership, without being a member of the European Union, because that is 00:32:47.060 --> 00:32:54.962 impossible due to geography. But at the end of the day, in every circumstance, it is 00:32:55.069 --> 00:33:02.037 collaboration and a partnership for things, for solutions, for viability, for 00:33:02.111 --> 00:33:06.574 markets, for individuals, businesses, researchers – all of that. 00:33:06.640 --> 00:33:16.083 And with this new Alliance for the Future, it is about finding solutions on a large 00:33:16.215 --> 00:33:24.459 scale, for example to defend Ukraine, for the reconstruction of Ukraine, and for the 00:33:24.516 --> 00:33:30.020 fight against climate change and financing the fight against climate change. 00:33:30.260 --> 00:33:33.620 Perhaps I am also trying to say this in French, if that is possible. 00:33:33.800 --> 00:33:34.400 Yes. 00:33:34.400 --> 00:33:41.015 There is enormous support among Member States and European citizens to bring the 00:33:41.105 --> 00:33:44.837 European Union and Canada closer together. 00:33:44.909 --> 00:33:51.153 And we are starting the work now, we have an ambition, we have a vision, now we need 00:33:51.363 --> 00:33:58.414 to define it. All the small details that are necessary to move this work forward, 00:33:58.469 --> 00:34:03.834 but the most important message is that we have a large majority of citizens who want 00:34:03.900 --> 00:34:05.300 closer ties with Canada. 00:34:05.840 --> 00:34:06.380 Very well. 00:34:06.380 --> 00:34:08.300 Prochaine question, next question, Christian Noël. 00:34:11.060 --> 00:34:12.861 Madam President, Mr President, Prime Minister, good morning. 00:34:12.891 --> 00:34:17.782 Christian Noël, Radio-Canada. Yes. Madam President, Mr President, Prime Minister, 00:34:17.822 --> 00:34:19.840 good morning. Christian Noël from Radio-Canada. 00:34:19.919 --> 00:34:23.792 Yes. This is a two-part question. First, for people at home, becoming an associate 00:34:23.843 --> 00:34:26.204 member, what does it really change for Mr and Mrs Average? 00:34:26.242 --> 00:34:29.952 for ordinary people at home, what does becoming an associate member actually change 00:34:30.013 --> 00:34:33.120 for Mr and Mrs Smith in their daily lives and in terms of the cost of living? 00:34:33.190 --> 00:34:39.308 And what about the cost of living? And for Canadian businesses that fear getting 00:34:39.356 --> 00:34:41.646 bogged down in a European bureaucratic quagmire? 00:34:41.704 --> 00:34:45.811 In which sector, Mr Carney, would you like to see compromises at European Union 00:34:45.855 --> 00:34:50.323 level or regulatory compromises? And for Madam President, Mr President, are you able 00:34:50.356 --> 00:34:54.271 to sell these compromises to your members, to your Member States, without irritating 00:34:54.310 --> 00:34:55.510 them? 00:34:56.120 --> 00:35:02.874 So, first of all, with regard to opportunities for Mr and Mrs Everyone, we start 00:35:02.922 --> 00:35:10.238 with viability. More choice, lower costs, goods, services European goods and 00:35:10.294 --> 00:35:18.236 services here in Canada. A more competitive financial sector, more competition in 00:35:18.310 --> 00:35:24.931 the financial sector. This is due to competition from European institutions and 00:35:24.987 --> 00:35:34.030 payment methods here in Canada. For everyone, with children, great opportunities for 00:35:34.109 --> 00:35:40.248 children to study in Europe, to have European students here in Canada. 00:35:40.322 --> 00:35:46.878 To have opportunities to work there, to travel there easily and quickly. 00:35:46.969 --> 00:35:52.293 Opportunities for cultural exchanges as well. 00:35:52.376 --> 00:35:55.207 There are several of these. There are several. 00:35:55.255 --> 00:36:03.515 But at the end of the day, it is not necessary to go to Europe to experience the 00:36:03.582 --> 00:36:15.926 benefits of this partnership. As regards your second question, what is important, 00:36:16.162 --> 00:36:24.778 with this approach, then, the world is dynamic, the economy is dynamic. 00:36:24.856 --> 00:36:33.099 And we are both in the process of developing new approaches, for example, for AI. 00:36:33.191 --> 00:36:39.484 We can co-develop them now. It is more efficient. 00:36:39.633 --> 00:36:50.708 Yes, that would at least be more effective, in my view, more impactful and better 00:36:50.911 --> 00:36:55.410 developed, in fact. This is the first thing. 00:36:55.487 --> 00:37:03.055 Secondly, there is a process in Europe and a process in Canada to duplicate the 00:37:03.224 --> 00:37:12.215 regulations. So, this process or this partnership reinforces these efforts. 00:37:12.356 --> 00:37:23.222 So, there are several, and we will focus on the examples over the coming months. 00:37:23.285 --> 00:37:29.771 Thank you. Well, the 27 Member States have approved our joint declaration. 00:37:29.837 --> 00:37:38.104 And our joint declaration is very clear. We want to build an ever closer 00:37:38.219 --> 00:37:44.405 association. What does that mean? Well, Madam President, Mr Prime Minister and I 00:37:44.448 --> 00:37:49.194 have already tried to explain. The three dimensions, first of all the policy 00:37:49.260 --> 00:37:55.027 dimension. Share and bring our policy closer. 00:37:55.156 --> 00:38:01.520 That is what we have done. During this summit, that is what we will continue to do. 00:38:02.120 --> 00:38:11.925 On global challenges, climate change, peace, development, but also on the issues 00:38:12.019 --> 00:38:18.971 facing everyone today. Artificial intelligence, the development of the digital 00:38:19.047 --> 00:38:24.631 dimension. And also a third dimension, which is governance. 00:38:24.695 --> 00:38:29.505 And to that end, we gave a very clear example. 00:38:29.601 --> 00:38:36.741 Not only today at this summit, but when the President of the Commission and the 00:38:36.899 --> 00:38:42.941 Prime Minister minister of Canada take the decision to hold a joint meeting of the 00:38:43.032 --> 00:38:49.612 College of Commissioners and the Canadian Council of Ministers, it is difficult, it 00:38:49.679 --> 00:38:53.153 is hard to imagine a closer association than this. 00:38:53.241 --> 00:38:59.200 When the Prime Minister of Canada comes to participate in a European Council 00:38:59.290 --> 00:39:04.834 meeting, with all the Heads of State and Government, it is hard to imagine a closer 00:39:04.926 --> 00:39:10.250 association than Mr Carney’s participation in the European Council. 00:39:10.318 --> 00:39:15.914 So we have the political dimension, we have the cross-cutting inclusion in the 00:39:15.966 --> 00:39:21.883 programmes, and we have this dimension of political and institutional cooperation at 00:39:21.949 --> 00:39:23.149 the highest level. 00:39:24.440 --> 00:39:28.561 Yes, and perhaps I can add something in English, because you asked about what is the 00:39:28.600 --> 00:39:34.255 advantage for the people, rightly so. It's jobs, first and foremost, good jobs, we 00:39:34.322 --> 00:39:40.610 just had yesterday the business meeting with companies that are working investing 00:39:40.667 --> 00:39:43.760 and creating good jobs on both sides of the Atlantic. 00:39:43.820 --> 00:39:49.002 And what they were asking for, small and medium companies also, is scale. 00:39:49.100 --> 00:39:54.245 If we enlarge our respective single market, there is more possibility for scale for 00:39:54.299 --> 00:39:57.962 these companies. No barriers. No restrictions. 00:39:58.040 --> 00:40:02.153 Very important to create good jobs and to scale for companies. 00:40:02.240 --> 00:40:06.785 Then resilient supply chains. The more we are together, the more we are able to 00:40:06.852 --> 00:40:12.242 really have resilient supply chains as the business sector needs it. 00:40:12.320 --> 00:40:17.748 And we will look into the different supply chains requirements, to do our best to 00:40:17.810 --> 00:40:21.741 have them stable, to have them secure, and to have them resilient. 00:40:21.800 --> 00:40:26.948 Other topic of supercomputers, the European Union has 12 supercomputers, they are 00:40:27.044 --> 00:40:32.804 open now to the brilliant researchers and startups from Canada, to train their 00:40:32.876 --> 00:40:37.163 models on European supercomputers. It's for them opportunities, economic 00:40:37.220 --> 00:40:42.766 opportunities, and that creates jobs. So a lot of our work is also very practical to 00:40:42.843 --> 00:40:48.686 make sure that with this work together, we have good jobs on both sides of the 00:40:48.740 --> 00:40:49.940 Atlantic that are created. 00:40:50.600 --> 00:40:51.800 Next question. Prochaine question. 00:40:55.220 --> 00:40:57.449 Good afternoon, Jorge Valero with Bloomberg. 00:40:57.500 --> 00:41:01.463 Question first for President von der Leyen and President Costa. 00:41:01.520 --> 00:41:06.145 As you are launching today this network of trusted partners with, starting with 00:41:06.200 --> 00:41:12.488 Canada, does that mean that Canada will benefit from the preferential treatment 00:41:12.558 --> 00:41:16.837 under the European Made in Europe rules that we see, for example, in the industrial 00:41:16.887 --> 00:41:22.484 selector act and other proposals? Will you be in favor of that? 00:41:22.580 --> 00:41:28.856 For Prime Minister Carney, if you don't get, if Canada doesn't get this preferential 00:41:28.929 --> 00:41:33.958 treatment under the Made in Europe rules, does that mean that, for example, Canada 00:41:34.004 --> 00:41:38.567 would reconsider the closer cooperation on mining and energy? 00:41:38.660 --> 00:41:39.860 Thank you. 00:41:40.520 --> 00:41:41.540 Let's start. 00:41:41.540 --> 00:41:42.740 The street. 00:41:43.280 --> 00:41:48.881 So, on the question you were asking, the industrial accelerator act, has been 00:41:48.936 --> 00:41:53.983 proposed by the Commission, and it has been proposed in a way that we say with this 00:41:54.071 --> 00:41:58.472 includes all the countries with who we have a free trade agreement. 00:41:58.520 --> 00:42:02.548 We have CETA, the famous CETA, so automatically Canada would be in. 00:42:02.600 --> 00:42:08.016 Of course, now the proposal is the co-legislature process and has to go through 00:42:08.065 --> 00:42:11.300 that, but our proposal is very clear including Canada. 00:42:14.900 --> 00:42:20.357 I think that answers the question. I think I'll just add the following, which is 00:42:20.454 --> 00:42:27.391 that in the run-up to this meeting, we had a series of trade issues that had been 00:42:27.493 --> 00:42:33.530 bubbling along for, as trade issues sometimes do, 18 months, 24 months, in some 00:42:33.618 --> 00:42:39.541 cases 36 months, and the teams worked through them and addressed them. 00:42:39.620 --> 00:42:42.923 This is part of the benefit of this level of cooperation. 00:42:42.980 --> 00:42:48.035 You find issues, you address them, whether it's on procurement, other elements of 00:42:48.085 --> 00:42:57.260 industrial policy. So that. Nature will only be reinforced by what we're announcing 00:42:57.335 --> 00:42:58.535 today. Thank you. 00:42:59.540 --> 00:43:00.740 Last question. 00:43:01.340 --> 00:43:03.758 Good afternoon, Christopher Nardi from the National Post. 00:43:03.800 --> 00:43:07.866 So, Mr. Carney, you've spoken at length about the opportunities that are linked to 00:43:07.922 --> 00:43:12.025 deeper ties with the EU. What's the cost of admission to associate membership? 00:43:12.080 --> 00:43:14.948 How much are you willing to pay, and into which programs? 00:43:15.020 --> 00:43:19.040 And then to President von der Leyen, will the EU exempt Canadian products from the 00:43:19.088 --> 00:43:23.411 upcoming carbon border tariff, the CBAM, and the anti-deforestation law? 00:43:23.480 --> 00:43:26.180 And Mr. Carney, are you pushing for those exemptions for Canadian products? 00:43:27.020 --> 00:43:30.661 Well, let me pick up the second part of your question, even though it wasn't 00:43:30.698 --> 00:43:35.461 directed at me, is at me. Those are two of the issues that we work together to find 00:43:35.527 --> 00:43:40.255 common solutions on. So that's an example then there. 00:43:40.340 --> 00:43:41.540 We don't view this as. 00:43:41.540 --> 00:43:42.740 Do you? Sorry, did you? 00:43:42.920 --> 00:43:52.778 Yes. And with respect to, we don't view this as pain for something. 00:43:52.820 --> 00:43:59.065 We view this as coming together and, as I said before, this is a positive 00:43:59.180 --> 00:44:05.404 association. And then with that, creating a nucleus for the broader positive 00:44:05.480 --> 00:44:11.600 alliance for the future, which creates opportunity and pools resources for bigger 00:44:11.810 --> 00:44:17.452 returns. Madam President just mentioned Horizon, mentioned as well the 00:44:17.527 --> 00:44:22.871 supercomputers. They're enormous returns that come for Canadian researchers, 00:44:22.938 --> 00:44:27.195 Canadian businesses, Canadians, and Europeans, of course, with that. 00:44:27.260 --> 00:44:33.100 That comes from those research programs. If you look at the track record of Horizon, 00:44:33.290 --> 00:44:40.667 FP would it be FP9, the predecessor programs of that, you see numerous examples of 00:44:40.740 --> 00:44:47.254 that. So this is about coming together, one plus one, equals more than two. 00:44:47.300 --> 00:44:49.531 It's called a synergy, and that's the essence. 00:44:49.580 --> 00:44:55.250 And we have the track record, and it's that plus the values give us the confidence 00:44:55.303 --> 00:44:57.453 that moving together is good for Canadians. 00:44:57.500 --> 00:45:00.620 Now, even better for Canadians in the future. 00:45:01.100 --> 00:45:02.240 Yeah, thank you. 00:45:02.240 --> 00:45:06.725 I couldn't answer the question better than Prime Minister Carney has just done on 00:45:06.766 --> 00:45:07.966 the trade dividends. 00:45:08.120 --> 00:45:08.540 Yeah. 00:45:08.540 --> 00:45:09.680 In French, please. 00:45:09.680 --> 00:45:12.140 In French, in what aspect? 00:45:12.680 --> 00:45:15.260 On the cost of tariffs and also the national cost. 00:45:15.440 --> 00:45:21.749 The cost of tariffs, you raised some trade issues, and the. 00:45:21.878 --> 00:45:29.182 We have addressed these during the last few weeks. 00:45:29.245 --> 00:45:37.982 These are examples of the spirit of the partnership, and the advantage of having a 00:45:38.071 --> 00:45:42.394 closer association between the two countries, full stop. 00:45:42.462 --> 00:45:49.180 As for yields, for example, or costs, of being an associate member or having a 00:45:49.266 --> 00:45:52.942 closer association, no, that is not how it works. 00:45:53.054 --> 00:45:57.830 These are advantages, synergies, spillover effects. 00:45:57.911 --> 00:46:03.409 We are creating more. So one plus one is more than two. 00:46:03.538 --> 00:46:07.580 That is the track record, and that will be the future. 00:46:08.120 --> 00:46:10.460 Merci. Thank you very much. Let's go to the next press conference.