157

Canada joins EU defense fund as the country pivots away from the US (apnews.com)

submitted 8 months ago by Sunshine@piefed.ca to c/buyeuropean@feddit.uk

9 comments fedilink hide all child comments

Canada is the first non-EU country to gain access.

you are viewing a single comment's thread
view the rest of the comments

[-] Tobberone@slrpnk.net 7 points 8 months ago

In a strictly economics/geopolitical view: It's a loan program, so long term it is net positive on interest alone. If the money is used to procure eu-made equipment, as is implied, it will bring manufacturing to EU and finance European R&D as well (where not säl of it will be used in only military applications) Short term it might affect the speed of rearmament which would be bad in an armed conflict. On the other hand, a bigger market will allow bigger investments, which might add production capacity sooner, so it might not add as much time as feared.

In short, it seems to achieve what the tariffs what touted to accomplish without all the drama and negatives associated with tariffs.

Morally it depends on your opinion of a states right to defend itself.

[-] ReasonableHat@lemmy.world 2 points 8 months ago

Thank you for the response! I'm not sure of the reason for the negative reaction to the question, but I was curious to see whether time had shifted opinion on non-EU arms manufacturers being allowed to benefit from the fund seeing as the prevailing sentiment some months ago seemed to be that it was a good thing that non-EU manufacturers were excluded.

[-] Tobberone@slrpnk.net 5 points 8 months ago* (last edited 8 months ago)

The negative reactions might be because your wording, to me, is a bit flame batey, as if this is a given negative.

As for non-EU manufacturer being able to invest in production equipment Europe might need if push come to shove on places not easily destroyed by the assumed enemy producing European designs? And in the process incentivise other countries to buy non-american equipment?

If a good chunk of the global military complex seems about to change supplier, I'd bet big on getting to be picked as the supplier of choice!

[-] ReasonableHat@lemmy.world 3 points 8 months ago

Fair enough; not my intention with the wording - I'm also generally in favour.

this post was submitted on 03 Dec 2025

157 points (100.0% liked)

Buy European

10752 readers

105 users here now

Overview:

The community to discuss buying European goods and services.

Matrix Chat of this community

Rules:

Be kind to each other, and argue in good faith. No direct insults nor disrespectful and condescending comments.
Do not use this community to promote Nationalism/Euronationalism. This community is for discussing European products/services and news related to that. For other topics the following might be of interest:
Include a disclaimer at the bottom of the post if you're affiliated with the recommendation.
No russian suggestions.

Feddit.uk's instance rules apply:

No racism, sexism, homophobia, transphobia or xenophobia.
No incitement of violence or promotion of violent ideologies.
No harassment, dogpiling or doxxing of other users.
Do not share intentionally false or misleading information.
Do not spam or abuse network features.
Alt accounts are permitted, but all accounts must list each other in their bios.
No generative AI content.

Useful Websites