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Live News REGULATION ARTICLE M impact

EU invites Canada to become associate member

European Commission President Ursula von der Leyen said the EU is opening the door for Canada to move closer to the bloc as the first “associate member.”

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01:47:44 PM UTC
SquawkNews
EC President Ursula von der Leyen's plan for Canada to become an associate member of the EU confirms recent WSJ reporting. But, Bank of Nova Scotia economist Derek Holt is tamping-down any excitement over this development. "We have no clear idea what that means," Holt tells clients in a note. He ad…

Canada has been invited to become the EU’s first “associate member,” with European Commission President Ursula von der Leyen saying the bloc is opening the door for Canada to move closer to the 27-nation group. The announcement signals a notable shift in European policy.