Mark Carney DITCHES Trump’s America As Canada Moves Closer To Europe In Major Alliance Shift

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1 Video View·Oct 31, 2026
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Prime Minister Carney, we've just heard about you joining
the EU support loan for Ukraine.
Can you give us a bit more information?
How much, when, would be very interesting to us?
And a question for President von der Leyen, if I may.
We've seen strong pushback from Germany on your decision
to call this an associate membership for Canada
and with elections across the European Union next year,
seeming likely to return even less sympathetic governments.
Are you not worried that...
In about a year's time, all of this could be much more difficult,
if not scrapped altogether.
And a very short one for both of you, if I may, at the outset.
That's what I said.
Would President Trump be welcome
in the alliance for the future? Thank you.
On...
Your first question with respect to the Ukraine loan,
about 500, the short answer is about 500 million euros,
actually it is 500 million euros, will be our initial participation.
This is a very important and effective mechanism and I actually commend
the innovation of President von der Leyen, the Commission
and President Costa in creating this, using frozen assets
in order to provide much needed financing for Ukraine.
Of course, what comes behind that is tangible support for defence
and reconstruction in Ukraine.
We had a broader discussion of the broader financing needs
and security needs of Ukraine, as we often do, as we meet.
There's a number of other avenues with partners,
and I'll make the point by way of illustration, if I could.
Forgive me, it's not a perfect analogy, but it's illustrative.
As you're aware, we are members of the Coalition of the Willing,
as are many other countries.
That is an example of an application
of what would be an alliance for the future,
in that there's a specific objective,
which is to support the people of Ukraine,
support the principles of territorial integrity, freedom, democracy.
That is focused on, as you know, security guarantees, possibility.
Through this mechanism, this ambition,
this nucleus to broaden that level of support using those mechanisms and the only
what I would say, I'm going to pick up and then I will hand rein forces something
that President von der Leyen said which is this is a positive
very
association
This is a positive alliance. This is for things.
It's about creating opportunity, building prosperity,
addressing sustainability and reinforcing sovereignty.
Why? So we can live our lives as we choose.
Our people can live their lives as they choose and have the full
freedoms that people enjoy in the European Union and enjoy in Canada.
So it's not against anything, it's for. And those who choose
to be for solutions will be pleased with the result.
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