Canada announces new, strengthened partnership with the European Union
BRUSSELS, Belgium, /CNW/ - Today, the Prime Minister, Mark Carney, announced an historic step forward for Canada's relationship with the European Union (EU). Together with President Costa and President von der Leyen, the Prime Minister announced they will forge a new, ambitious, and comprehensive partnership. The New EU-Canada Strategic Partnership of the Future is rooted in shared values and the rules-based international system, and strategically aimed to pursue common interests.
Canada and the EU will soon launch comprehensive negotiations across multiple areas to strengthen co-operation and connection – including trade and economic security, the digital transition, and the fight against climate change and environmental degradation. This will create more economic opportunities and long-term prosperity for workers, businesses, and citizens in both Canada and the EU.
As part of this new, strengthened relationship, Canada and the EU today signed the Security and Defence Partnership, which provides a framework for dialogue and co-operation in security and defence priorities. For Canada and the EU Member States who are NATO Allies, this will also help deliver on capability targets more quickly and economically. This new partnership is the intentional first step toward Canada's participation in Security Action for Europe (SAFE), an instrument of the ReArm Europe Plan/Readiness 2030. Canada's participation in this initiative will create significant defence procurement and industrial opportunities for Canada.
In an increasingly dangerous and divided world, Canada's new government is focused on strengthening and diversifying our international partnerships. We will work with the EU and other allies to build a new international, rules-based system for a more secure and prosperous world.
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"Canada's new government has a mandate to diversify and strengthen international partnerships. To that end, we took an historic step forward today to deepen Canada's relationship with the European Union. Through increased co-operation in defence, trade, and commerce, we'll create greater prosperity, security, and stability on both sides of the Atlantic."
— The Rt. Hon. , Prime Minister of Canada
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While in Belgium, Prime Minister Carney also met with the Prime Minister of Belgium, Bart De Wever, to strengthen bilateral ties and advance common priorities. The two leaders visited the Antwerp Schoonselhof Military Cemetery to pay tribute to Canadian Armed Forces members who lost their lives during the First and Second World Wars.
Unveiled earlier this year, the ReArm Europe Plan/Readiness 2030 is the European Commission's plan to boost defence funding in Europe, including through Security Action for Europe (SAFE) loans. This initiative provides up to €150 billion in loans to EU Member States, members of the EU single market, and Ukraine to support defence investments, with a focus on joint procurement projects.
Canada and the European Union
This document is also available at https://pm.gc.ca
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Newly launched access-to-information review flawed, transparency advocates say
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SUBSCRIBE TO UNLOCK MORE ARTICLES Subscribe now to read the latest news in your city and across Canada. Unlimited online access to articles from across Canada with one account. Get exclusive access to the Toronto Sun ePaper, an electronic replica of the print edition that you can share, download and comment on. Enjoy insights and behind-the-scenes analysis from our award-winning journalists. Support local journalists and the next generation of journalists. Daily puzzles including the New York Times Crossword. REGISTER / SIGN IN TO UNLOCK MORE ARTICLES Create an account or sign in to continue with your reading experience. Access articles from across Canada with one account. Share your thoughts and join the conversation in the comments. Enjoy additional articles per month. Get email updates from your favourite authors. THIS ARTICLE IS FREE TO READ REGISTER TO UNLOCK. Create an account or sign in to continue with your reading experience. Access articles from across Canada with one account Share your thoughts and join the conversation in the comments Enjoy additional articles per month Get email updates from your favourite authors Don't have an account? Create Account The Treasury Board Secretariat announced the government review, which takes place every five years, in a news release late Friday. The release says officials will seek input from a broad range of Canadians, Indigenous groups, experts and other interested people in the coming weeks and months. For a $5 fee, people can use the access law to ask for federal documents — anything from internal emails to policy memos — but the law is widely seen as out of date and poorly administered. Federal agencies are supposed to respond to requests within 30 days or provide valid reasons explaining why they need more time. Many users complain of lengthy delays and exemptions in the law that result in the release of heavily blacked-out documents. Your noon-hour look at what's happening in Toronto and beyond. By signing up you consent to receive the above newsletter from Postmedia Network Inc. Please try again This advertisement has not loaded yet, but your article continues below. Several concerned groups and individuals recently urged Treasury Board President Shafqat Ali to ensure the federal review was overseen by an independent panel — not the government — to avoid a conflict of interest. Read More University of Ottawa law professor Matt Malone, who was among those calling for an independent review, said the exercise now underway was flawed from the start and will waste precious government resources. The Treasury Board Secretariat is one of the many federal agencies covered by the access law and has a say in funding the office of the information commissioner, an ombudsman for people filing access requests. This advertisement has not loaded yet, but your article continues below. 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Ticker Symbol ETF Name Cash Distribution per Security Frequency CNDX Global X S&P/TSX 60 Index ETF $0.21400 Quarterly DLR Global X US Dollar Currency ETF (1) $0.08000 Quarterly DLR.U $0.08000 Quarterly EAFX Global X MSCI EAFE Index ETF (2) $0.16500 Quarterly EAFX.U $0.16500 Quarterly ETHI Global X Global Sustainability Leaders Index ETF $0.14800 Quarterly HAL Global X Active Canadian Dividend ETF $0.14000 Quarterly HAZ Global X Active Global Dividend ETF $0.10000 Quarterly HMMJ Global X Marijuana Life Sciences Index ETF (3) $0.02100 Quarterly HMMJ.U $0.02100 Quarterly INOC Global X Inovestor Canadian Equity Index ETF $0.07400 Quarterly MEDX Global X Equal Weight Global Healthcare Index ETF $0.10200 Quarterly RSSX Global X Russell 2000 Index ETF (4) $0.10100 Quarterly RSSX.U $0.10100 Quarterly UBNK Global X Equal Weight U.S. Banks Index ETF $0.11000 Quarterly USSX Global X S&P 500 Index ETF (5) $0.07300 Quarterly USSX.U $0.07300 Quarterly BKCC Global X Equal Weight Canadian Bank Covered Call ETF $0.14500 Monthly BKCL Global X Enhanced Equal Weight Canadian Banks Covered Call ETF $0.23500 Monthly BNKL Global X Enhanced Equal Weight Banks Index ETF $0.10500 Monthly CANL Global X Enhanced S&P/TSX 60 Index ETF $0.07500 Monthly CASH Global X High Interest Savings ETF $0.10640 Monthly CBIL Global X 0-3 Month T-Bill ETF $0.10250 Monthly CNCC Global X S&P/TSX 60 Covered Call ETF $0.09000 Monthly CNCL Global X Enhanced S&P/TSX 60 Covered Call ETF $0.17500 Monthly EACC Global X MSCI EAFE Covered Call ETF $0.13000 Monthly EACL Global X Enhanced MSCI EAFE Covered Call ETF $0.15500 Monthly EMCC Global X MSCI Emerging Markets Covered Call ETF $0.16500 Monthly EMCL Global X Enhanced MSCI Emerging Markets Covered Call ETF $0.20000 Monthly ENCC Global X Canadian Oil and Gas Equity Covered Call ETF $0.12000 Monthly ENCL Global X Enhanced Canadian Oil and Gas Equity Covered Call ETF $0.25500 Monthly EQCC Global X All-Equity Asset Allocation Covered Call ETF $0.17000 Monthly EQCL Global X Enhanced All-Equity Asset Allocation Covered Call ETF $0.22000 Monthly GLCC Global X Gold Producer Equity Covered Call ETF $0.26000 Monthly GLCL Global X Enhanced Gold Producer Equity Covered Call ETF $0.16100 Monthly GRCC Global X Growth Asset Allocation Covered Call ETF $0.16500 Monthly HAB Global X Active Corporate Bond ETF $0.03450 Monthly HAD Global X Active Canadian Bond ETF $0.02500 Monthly HAF Global X Active Global Fixed Income ETF $0.02750 Monthly HBAL Global X Balanced Asset Allocation ETF $0.03500 Monthly HBNK Global X Equal Weight Canadian Banks Index ETF $0.08800 Monthly HCON Global X Conservative Asset Allocation ETF $0.03500 Monthly HEQL Global X Enhanced All-Equity Asset Allocation ETF $0.05000 Monthly HEQT Global X All-Equity Asset Allocation ETF $0.03000 Monthly HFR Global X Active Ultra-Short Term Investment Grade Bond ETF $0.03150 Monthly HGRW Global X Growth Asset Allocation ETF $0.05000 Monthly HGY Global X Gold Yield ETF $0.06000 Monthly HMP Global X Active Canadian Municipal Bond ETF $0.02370 Monthly HPR Global X Active Preferred Share ETF $0.03800 Monthly HYBR Global X Active Hybrid Bond and Preferred Share ETF $0.03700 Monthly LPAY Global X Long-Term U.S. Treasury Premium Yield ETF (6) $0.15500 Monthly LPAY.U $0.15500 Monthly MPAY Global X Mid-Term U.S. Treasury Premium Yield ETF (6) $0.13500 Monthly MPAY.U $0.13500 Monthly NRGY Global X Equal Weight Canadian Oil & Gas Index ETF $0.06600 Monthly PAYL Global X Long-Term Government Bond Premium Yield ETF $0.13500 Monthly PAYM Global X Mid-Term Government Bond Premium Yield ETF $0.11500 Monthly PAYS Global X Short-Term Government Bond Premium Yield ETF $0.09000 Monthly PPLN Global X Equal Weight Canadian Pipelines Index ETF $0.04600 Monthly QQCC Global X Nasdaq-100 Covered Call ETF $0.12000 Monthly QQCL Global X Enhanced Nasdaq-100 Covered Call ETF $0.29500 Monthly REIT Global X Equal Weight Canadian REITs Index ETF $0.08700 Monthly RING Global X Equal Weight Canadian Telecommunications Index ETF $0.07500 Monthly RNCC Global X Equal Weight Canadian Telecommunications Covered Call ETF $0.20000 Monthly RNCL Global X Enhanced Equal Weight Canadian Telecommunications Covered Call ETF $0.24700 Monthly RSCC Global X Russell 2000 Covered Call ETF $0.21000 Monthly RSCL Global X Enhanced Russell 2000 Covered Call ETF $0.26200 Monthly SAFE Global X Equal Weight Canadian Insurance Index ETF $0.06000 Monthly SPAY Global X Short-Term U.S. Treasury Premium Yield ETF (6) $0.10500 Monthly SPAY.U $0.10500 Monthly UBIL.U Global X 0-3 Month U.S. T-Bill ETF (7) $0.17480 Monthly UCSH.U Global X USD High Interest Savings ETF (8) $0.17000 Monthly USCC Global X S&P 500 Covered Call ETF (9) $0.12000 Monthly USCC.U $0.12000 Monthly USCL Global X Enhanced S&P 500 Covered Call ETF $0.25500 Monthly UTIL Global X Equal Weight Canadian Utilities Index ETF $0.07800 Monthly The record date for all ETFs will be June 30, 2025. The Distributions for securities of each ETF will be paid in cash or, if the securityholder has enrolled in the respective ETF's dividend reinvestment plan, reinvested in additional securities of the applicable ETF, on or about July 8, 2025. (1) Distributions for the Global X US Dollar Currency ETF are declared and paid in U.S. dollars, including those listed under the Canadian dollar-traded ticker DLR. The approximate Canadian dollar equivalent distribution rate for DLR is $0.10994 per security. For securityholders who hold the Canadian dollar-traded DLR, the securityholder's account holder will typically convert distribution payments to Canadian dollars. (2) Distributions for the Global X MSCI EAFE Index ETF are declared and paid in U.S. dollars, including those listed under the Canadian dollar-traded ticker EAFX. The approximate Canadian dollar equivalent distribution rate for EAFX is $0.22675 per security. For securityholders who hold the Canadian dollar-traded EAFX, the securityholder's account holder will typically convert distribution payments to Canadian dollars (3) Distributions for Global X Marijuana Life Sciences Index ETF are declared and paid in Canadian dollars, including those listed under the U.S. dollar traded ticker HMMJ.U. The approximate U.S. dollar equivalent distribution rate for HMMJ.U is $0.01528 per security. For securityholders who hold the U.S. dollar traded HMMJ.U, the securityholder's account holder will typically convert distribution payments to U.S. dollars. (4) Distributions for the Global X Russell 2000 Index ETF are declared and paid in U.S. dollars, including those listed under the Canadian dollar-traded ticker RSSX. The approximate Canadian dollar equivalent distribution rate for RSSX is $0.13880 per security. For securityholders who hold the Canadian dollar-traded RSSX, the securityholder's account holder will typically convert distribution payments to Canadian dollars. (5) Distributions for the Global X S&P 500 Index ETF are declared and paid in U.S. dollars, including those listed under the Canadian dollar-traded ticker USSX. The approximate Canadian dollar equivalent distribution rate for USSX is $0.10032 per security. For securityholders who hold the Canadian dollar-traded USSX, the securityholder's account holder will typically convert distribution payments to Canadian dollars. (6) Distributions for Global X Short-Term U.S. Treasury Premium Yield ETF, Global X Mid-Term U.S. Treasury Premium Yield ETF and Global X Long-Term U.S. Treasury Premium Yield ETF are declared and paid in U.S. dollars, including those listed under the Canadian dollar-traded ticker SPAY, MPAY and LPAY. The approximate Canadian dollar equivalent distribution rate for SPAY is $0.14430 per security, for MPAY is $0.18552 per security and for LPAY is $0.21301 per security. For securityholders who hold the Canadian dollar-traded ticker, SPAY, MPAY and LPAY, the securityholder's account holder will typically convert distribution payments to Canadian dollars. (7) Distributions for the Global X 0-3 Month U.S. T-Bill ETF are declared and paid in U.S. dollars. (8) Distributions for Global X USD High Interest Savings ETF are declared and paid in U.S. dollars. (9) Distributions for the Global X S&P 500 Covered Call ETF are declared and paid in U.S. dollars, including those listed under the Canadian dollar-traded ticker USCC. The approximate Canadian dollar equivalent distribution rate for USCC is $0.16491 per security. For securityholders who hold the Canadian dollar-traded USCC, the securityholder's account holder will typically convert distribution payments to Canadian dollars Distributions for the ETFs will vary from period to period. For further information regarding the Distributions, please visit About Global X Investments Canada Inc. ( Global X Investments Canada Inc. is an innovative financial services company and offers one of the largest suites of exchange traded funds in Canada. The Global X Fund family includes a broadly diversified range of solutions for investors of all experience levels to meet their investment objectives in a variety of market conditions. Global X has more than $41 billion of assets under management and 146 ETFs listed on major Canadian stock exchanges. Global X is a wholly-owned subsidiary of the Mirae Asset Financial Group, which manages more than $800 billion of assets across 19 countries and global markets around the world. Commissions, management fees, and expenses all may be associated with an investment in products (the "Global X Funds") managed by Global X Investments Canada Inc. The Global X Funds are not guaranteed, their values change frequently, and past performance may not be repeated. Certain Global X Funds may have exposure to leveraged investment techniques that magnify gains and losses which may result in greater volatility in value and could be subject to aggressive investment risk and price volatility risk. Such risks are described in the prospectus. The Global X Money Market Funds are not covered by the Canada Deposit Insurance Corporation, the Federal Deposit Insurance Corporation, or any other government deposit insurer. There can be no assurances that the money market fund will be able to maintain its net asset value per security at a constant amount or that the full amount of your investment in the Funds will be returned to you. Past performance may not be repeated. The prospectus contains important detailed information about the Global X Funds. Please read the relevant prospectus before investing. The payment of distributions, if any, is not guaranteed and may fluctuate at any time. The payment of distributions should not be confused with an exchange traded fund's ("ETF") performance, rate of return, or yield. If distributions paid by the ETF are greater than the performance of the ETF, distributions paid may include a return of capital and an investor's original investment will decrease. A return of capital is not taxable to the investor but will generally reduce the adjusted cost base of the securities held for tax purposes. Distributions are paid as a result of capital gains realized by an ETF, and income and dividends earned by an ETF are taxable to the investor in the year they are paid. The investor's adjusted cost base will be reduced by the amount of any returns of capital. If the investor's adjusted cost base goes below zero, investors will realize capital gains equal to the amount below zero. Future distribution dates may be amended at any time. To recognize that these distributions have been allocated to investors for tax purposes the amounts of these distributions should be added to the adjusted cost base of the units held. The characterization of distributions, if any, for tax purposes, (such as dividends/other income/capital gains, etc.) will not be known for certain until after the ETF's tax year-end. Therefore, investors will be informed of the tax characterization after year-end and not with each distribution if any. For tax purposes, these amounts will be reported annually by brokers on official tax statements. Please refer to the applicable ETF distribution policy in the prospectus for more information. The Global X ETFs are not sponsored, endorsed, sold, or promoted by S&P, TSX, NASDAQ MX Group, or Morningstar and their affiliated companies and none of these parties make any representation, warranty, or condition regarding the advisability of buying, selling or holding units shares in the Global X ETFs. All trademarks/service marks are registered by their respective owners. None of the owners thereof or any of their affiliates sponsor, endorse, sell, promote or make any representation regarding the advisability of investing in the Global X ETFs. Complete trademark and service-mark information are available at Standard & Poor's®" and "S&P®" are registered trademarks of Standard & Poor's Financial Services LLC ("S&P") and have been licensed for use by Global X Investments Canada Inc. ("Global X") The Global X ETFs are not sponsored, endorsed, sold or promoted by S&P, and S&P makes no representation, warranty or condition regarding the advisability of buying, selling or holding units/shares in the Global X ETFs. Nasdaq®, Nasdaq-100®, and Nasdaq-100 Index® are trademarks of The Nasdaq Stock Market, Inc. (which with its affiliates is referred to as the "Corporations") and are licensed for use by Global X Investments Canada Inc. The Product(s) have not been passed on by the Corporations as to their legality or suitability. The Product(s) are not issued, endorsed, sold, or promoted by the Corporations. THE CORPORATIONS MAKE NO WARRANTIES AND BEAR NO LIABILITY WITH RESPECT TO THE PRODUCT(S). The Global X Russell 2000 Index ETF and the Global X Russell 2000 Covered Call ETF (in this disclaimer, the "Russell 2000 Funds") have been developed solely by Global X Investments Canada Inc. The Russell 2000 Funds are not in any way connected to or sponsored, endorsed, sold or promoted by the London Stock Exchange Group plc and its group undertakings (collectively, the "LSE Group"). FTSE Russell is a trading name of certain of the LSE Group companies. All rights in the Russell 2000 RIC Capped Index (the "Index") vest in the relevant LSE Group company which owns the Index. Russell® is a trademark of the relevant LSE Group company and is used by any other LSE Group company under license. The Index is calculated by or on behalf of FTSE International Limited or its affiliate, agent or partner. The LSE Group does not accept any liability whatsoever to any person arising out of (a) the use of, reliance on or any error in the Index or (b) investment in or operation of the Russell 2000 Funds. The LSE Group makes no claim, prediction, warranty or representation either as to the results to be obtained from the Russell 2000 Funds or the suitability of the Index for the purpose to which it is being put by Global X Investments Canada Inc. The funds or securities referred to herein are not sponsored, endorsed, or promoted by MSCI, and MSCI bears no liability with respect to any such funds or securities or any index on which such funds or securities are based. The prospectus contains a more detailed description of the limited relationship MSCI has with Global X Investments Canada Inc. ("Global X") and any related funds. Certain statements may constitute a forward-looking statement, including those identified by the expression "expect" and similar expressions (including grammatical variations thereof). The forward-looking statements are not historical facts but reflect the author's current expectations regarding future results or events. These forward-looking statements are subject to a number of risks and uncertainties that could cause actual results or events to differ materially from current expectations. These and other factors should be considered carefully, and readers should not place undue reliance on such forward-looking statements. These forward-looking statements are made as of the date hereof and the authors do not undertake to update any forward-looking statement that is contained herein, whether as a result of new information, future events or otherwise, unless required by applicable law. This communication is intended for informational purposes only and does not constitute an offer to sell or the solicitation of an offer to purchase exchange traded products managed by Global X Investments Canada Inc. and is not, and should not be construed as, investment, tax, legal or accounting advice, and should not be relied upon in that regard. Individuals should seek the advice of professionals, as appropriate, regarding any particular investment. Investors should consult their professional advisors prior to implementing any changes to their investment strategies. These investments may not be suitable to the circumstances of an investor. Global X Investments Canada Inc. ("Global X") is a wholly owned subsidiary of Mirae Asset Global Investments Co., Ltd. ("Mirae Asset"), the Korea-based asset management entity of Mirae Asset Financial Group. Global X is a corporation existing under the laws of Canada and is the manager and investment manager of the Global X Funds. © 2025 Global X Investments Canada Inc. All Rights Reserved. SOURCE Global X Investments Canada Inc.
Cision Canada
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Enbridge Inc. to Host Webcast to Discuss 2025 Second Quarter Results on August 1
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