European lender eyes Canadian critical minerals for the first time
The framework under discussion would cover critical minerals “and beyond,” she told Barton, and her visit to meet federal ministers shows that “in Europe, we put our money where our mouth is.”
Asked whether the bank could finance future oil and liquefied natural gas pipelines, Calviño said the European Investment Bank has “consolidated its role as the climate bank” and is “much more interested in new technologies” and green energy generation.
CBC reported that Prime Minister Mark Carney, addressing the European Parliament in Strasbourg on Thursday, September 17, set out a goal of “seamless, digital” trade in non-agricultural goods and services, co-operation on computing capacity and AI safety protocols, and exploring an integrated market for financial services.
European Commission President Ursula von der Leyen said the day before, according to CNBC, that she wanted to work with Carney “on opening the door for Canada to being the first associate member of the European Union.”
The same outlet reported that associate membership does not exist as a formal category under EU treaties and would need to be created and ratified by member states.
