Canada Finance Minister says that the country can be a “favorite resource” for European markets looking to enhance energy capabilities and defense capabilities.
After a meeting in Denmark with the European Union Finance Ministers, Francois Philippe Champagne said on Saturday Critical Canadian metal and Energy exports can help European economies Be more flexible with the diversification of trade relations in Canada.
He told reporters in a call from Copenhagen: “We quickly redesign the global economic system and on a scale that I say has never been unprecedented in a generation.”
“They have noticed that we put our house in order so that we can be more competitive, and be a reliable resource for natural resources, and we are ready for partnership.”
The champagne said the need to strengthen Defense and security relations It was a major topic at this week’s meeting, and referred to critical minerals, energy resources and shipbuilding experience as major assets that Canada brings to the table.
European communication comes before what is expected to be a challenge Negotiations to review the Canada-United States Convention Next year. On Thursday, Canada and Mexico signed an agreement to deepen economic and security relations between the two countries, which Prime Minister Mark Carney said was “completing” the triple commercial deal.

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“It is clear that the United States is a major commercial partner,” Al -Shambania said on Saturday. “But at the same time, I think it would be wise for Canada also to diversify its market.”

Earlier this week, Shambania told reporters that he was “sad … that the largest commercial partner has turned his back on Canada, which led us to re -evaluate how to build a future economy.”
The Minister of Finance said on Saturday that the mineral deposits in Canada were “an introduction and a medium” in his discussions in Denmark. He said that critical minerals are “necessary for the economy of the twenty -first century”, from the air space sector to the auto and defense industries.
He also referred to LNG and nuclear technology as other possible Canadian exports that can enhance European energy security.
“We have everything about the table to make us more flexible,” said Champagne. “Canada can be this favorite resource for our European colleagues.”
In an interview with the Canadian press earlier this week, Al -Shambania said that the increasing NATO obligations and the transformation of geopolitical forces have European countries planning to spend more on defense and create an opportunity for the market that Canadian companies want.
he Compare it with the role played by the Canadian industry In providing munitions and other military equipment for allied forces during World War II.
He said: “At that time, we were able to transform the Canadian economy for success for 50 and 80 years. For me, this is the same invitation that we have today.”
The meeting in Denmark was attended by Finance officials from the United Kingdom, Norway, Ukraine and the member states of the European Union. Al -Shambania said that he held a bilateral meeting with Ukrainian officials, and participated in a round table on the Arctic security.
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