Joint Statement: Canada and the European Union building together an Alliance for the Future

CANADA, October 30 - We have concluded substantive negotiations on a Digital Trade Agreement (DTA) that will complement CETA by establishing a modern framework for digital trade between Canada and the EU. The DTA will improve legal certainty and predictability, facilitate cross-border data flows, and enhance confidence in the digital economy for businesses and consumers.

Canada and the European Investment Bank have concluded negotiations of an agreement that will facilitate European investment in critical Canadian resources, in particular, critical raw materials.

We have concluded negotiations on a second-generation Competition Agreement that strengthens cooperation between competition authorities, to more effectively address anti-competitive conduct, and foster a more open, innovative, and competitive marketplace for businesses and consumers.

We are welcoming Canada’s participation in the European High-Performance Computing Joint Undertaking (EuroHPC JU), which will strengthen connections between our supercomputing resources and pave the way for further integrating our AI innovation ecosystems.

We welcome Canada’s intention to join the Ukraine Support Loan.

We have agreed on a Frontex-Canada Border Services Agency Working Arrangement, establishing an expanded framework for operational cooperation on securing our borders.

We are launching new dedicated dialogues on the Arctic, foreign information manipulation and interference, climate security, and transport.