The EU and Canada are set to build a deeper and more integrated relationship with unparalleled trade access, shared values and complementary economic strengths. They hold bilateral summits once a year, as set out in their Strategic Partnership Agreement (SPA).
At the 2026 summit, the EU and Canada took steps towards a closer partnership with the launch of an alliance for the future. This will create a common space for growth, prosperity, resilience and economic security.
The summit opened discussions on how to make Canada the first associate member to the EU. This would mean
- shaping policies together with closer alignment on issues from climate and energy to artificial intelligence (AI) and the Arctic
- bringing Canada into EU programmes, including deeper cooperation under Horizon Europe and full participation in Erasmus+
- bringing institutions closer together, starting with the upcoming Government-to-College meeting

Building on numerous existing agreements and cooperation between the EU and Canada, this new model of association will span a wide range of areas, potentially including but not limited to:
- investment in critical mineral projects
- breaking down digital trade barriers
- integrating defence industrial bases
- joint support for Ukraine
- investing in fighting wildfires
Structures will be put in place to ensure that the EU and Canada mutually support and reinforce each other.
- 80.00%growth in bilateral trade in goods and services under CETA (2016-2025)
- €130.00billionreached from goods and services traded (2025)
- Estimated€3.20billionincrease of EU’s GDP by each year thanks to the trade deal
What is CETA?
CETA is the Comprehensive Economic and Trade Agreement between EU and Canada. It brings benefits for people and businesses around Europe, by
- eliminating most customs duties and cutting red tape
- making it easier for Europeans to work in Canada
- ensuring EU companies’ access to the Canadian services market.