Canada invests $376M in European Space Agency, up 10x
Briefly

Canada invests $376M in European Space Agency, up 10x
"This historic investment to European Space Agency programs creates new opportunities for Canada's world-renowned space sector to thrive globally, advance technologies and build a competitive and resilient industrial base that serves our national interests."
"Research and development are not luxuries - they are the frontline of defence in a world of emerging threats. Canada's strength lies in its ability to adapt and lead in a sector defined by rapid advancements. Canada's close relationship with the European Space Agency allows the Defence Team to present a ready and resilient force, prepared for the future."
Canada will boost investment in European Space Agency programs by CA$528.5 million, representing a tenfold increase. The increase responds to US tariffs and the need to diversify the economy while strengthening ties with Europe despite ESA's international status. Canada has been an ESA Cooperating State since 1979 and currently contributes far less than major members such as France and Germany. The Canadian Space Agency reports each dollar awarded through ESA contracts generates more than three dollars in follow-on sales. Allocation decisions will be made at the ESA Ministerial Council on November 26-27 and are expected to be spread over three to five years. The investment is described as historic, intended to advance technologies, build a competitive industrial base, and support defence readiness and resilience.
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