The EU and Canada held a summit in Montreal, launching the "Future Alliance" to deepen their relationship. Canadian Prime Minister Carney, European Commission President von der Leyen, and European Council President Costa jointly signed a digital trade agreement and several other agreements. Both sides also announced that the European Investment Bank will invest in critical Canadian resources and advance cooperation on AI safety. Additionally, Canada will participate in the EU's €90 billion support loan for Ukraine, initially contributing €500 million. This cooperation comes as US President Donald Trump threatens to impose trade tariffs on allies, with both sides seeking to strengthen sovereignty and economic ties amid an increasingly uncertain global landscape.