Canada announces massive jump in funding to European Space Agency
Canada announces massive jump in funding to European Space Agency
reuters.com
cross-posted from: https://scribe.disroot.org/post/5687664
Here is the official release by the Canadian government.
Canada, seeking tighter ties with the European Union, will boost its investment in European Space Agency programs by C$528.5 million (EUR326.1 million), a tenfold increase compared to previous contributions, a top cabinet member said on Tuesday.
Canadian Prime Minister Mark Carney, who won an April election on the back of a promise to diversify the economy in the face of U.S. tariffs, is pressing for tighter defense and security relations with the EU.
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The money will be spent over a three to five year period. In a statement, Industry Minister Melanie Joly said the investment would advance research and development of Canadian-made space technologies for both civilian and defense purposes.
These include satellite communications, Earth observation, space exploration, positioning, navigation and timing, and space situational awareness, she said.