ReferIndia News Canada announces massive jump in funding to European Space Agency

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Canada announces massive jump in funding to European Space Agency

Published on: Nov. 19, 2025, 3:47 a.m. | Source: Devdiscourse

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. 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.

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