EU-Canada summit: Alliance for the Future; EIB framework agreement; and critical raw materials investment

News Tank Transitions - Brussels - News #459323 - Published on
©  European Union , 2026
From l.to r.: A. Costa, EU Council president; M. Carney, Canada PM; U. von der Leyen, EC President - ©  European Union , 2026

The EU and Canada launched an Alliance for the Future at their 21st summit, held in Montréal on 29 and 30 October 2026. The alliance aims to deepen cooperation and create a common prosperity and economic security space across six areas, including critical resources and energy.

Key outcomes of the summit on climate, energy and raw materials included:

• Commitment to accelerate cooperation on investment in critical mineral projects, from extraction to recycling;
• A planned joint feasibility study on liquefied natural gas (LNG) exports to Europe;
• Cooperation on grids, battery storage and nuclear technologies;
• A reaffirmed green alliance, to strengthen competitiveness, with deeper cooperation on strategic industries including clean technologies;
• Cooperation on maritime and multimodal…

©  European Union , 2026
From l.to r.: A. Costa, EU Council president; M. Carney, Canada PM; U. von der Leyen, EC President - ©  European Union , 2026

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