European Investment Bank President Nadia Calvi\u00f1o is heading to Ottawa on Sunday to lay the groundwork for Europe-Canada cooperation on critical raw materials, an official from her office said.<\/p>\n\n\n\n
Calvi\u00f1o will be meeting with government officials including Canada\u2019s minister for energy and natural resources, Tim Hodgson, in Ottawa.<\/p>\n\n\n\n
The aim of her visit is for the European Investment Bank, the long-term lending arm of the European Union, to establish a presence in Canada and begin operations \u201cas soon as the administrative paperwork is done, with a focus on [critical raw materials],\u201d the official said. They were granted anonymity to speak about the internal strategy.<\/p>\n\n\n\n
Coming after European Commission President Ursula von der Leyen on Wednesday proposed admitting Canada as an associate member of the EU, Calvi\u00f1o\u2019s trip is significant given that the EIB typically only operates in developing countries or members of the European Union or European Economic Area.<\/p>\n\n\n\n
Ahead of this year\u2019s G7 summit, Canada extended a behind-the-scenes offer to alliance members for \u201cpriority access\u201d to its critical minerals stockpile, from Hodgson.<\/p>\n\n\n\n
Canadian Prime Minister Mark Carney named boosting critical raw materials as one of the areas in which he wants to boost collaboration between Ottawa and Brussels in a speech to the European Parliament on Thursday.<\/p>\n\n\n\n
\u201cCanada and Europe should secure our strategic autonomy through deep cooperation in the full range of strategic capabilities, including critical minerals, defense industrial capacity, AI and computers, energy security, space and payments,\u201d he said.<\/p>\n\n\n\n
Carney told an investment summit in Toronto on Tuesday that EU and Canadian leaders would get down to serious business at an end-October summit that he will host in Montreal.<\/p>\n\n\n\n
\u201cThe real deepening and discussions will be launched with our summit,\u201d Carney said in Toronto. \u201cAnd then go for it from there.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"
European Investment Bank President Nadia Calvi\u00f1o is heading to Ottawa on Sunday to lay the groundwork for Europe-Canada cooperation on critical raw materials, an official from her office said. Calvi\u00f1o will be meeting with government officials including Canada\u2019s minister for energy and natural resources, Tim Hodgson, in Ottawa. The aim of her visit is for […]<\/p>\n","protected":false},"author":1,"featured_media":36331,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-36330","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/www.newsreporters.org\/index.php?rest_route=\/wp\/v2\/posts\/36330","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsreporters.org\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsreporters.org\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsreporters.org\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsreporters.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=36330"}],"version-history":[{"count":1,"href":"https:\/\/www.newsreporters.org\/index.php?rest_route=\/wp\/v2\/posts\/36330\/revisions"}],"predecessor-version":[{"id":36332,"href":"https:\/\/www.newsreporters.org\/index.php?rest_route=\/wp\/v2\/posts\/36330\/revisions\/36332"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsreporters.org\/index.php?rest_route=\/wp\/v2\/media\/36331"}],"wp:attachment":[{"href":"https:\/\/www.newsreporters.org\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=36330"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsreporters.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=36330"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsreporters.org\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=36330"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}