Canada has officially joined the EU's loans-for-weapons program | CBC News

Defence Minister David McGuinty says Canada has now officially joined the European Union’s Security Action for Europe (SAFE) program, which offers loans to member states to invest in defence capabilities.

"The agreement strengthens our collective security, supports the development of key defence capabilities, and gives Canadian industry access to European defence markets while contributing to European and Ukrainian security," McGuinty said in a statement sent to CBC News.