The EU is Canada's second-largest trading partner, with a total trade value of approximately $161.9 billion in 2024. Canada has a long standing defence relationship through NATO with troops stationed in various European countries
There are two reasons for European and Canadian discomfort.
Putin is aggressively arming in Europe while XI is aggressively arming in the Pacific.
The US is pivoting to Asia Pacific whether Europe moves fast enough or not.
Taiwan is TSMC. TSMC is AI leadership