Canada pledges C$528.5M to European Space Agency programs to deepen EU ties and boost domestic space sector
Canada will boost its investment in European Space Agency programs by C$528.5 million (US$377.96 million), a tenfold increase over prior contributions. Industry Minister Mélanie Joly announced the commitment at SpaceBound 2025, saying the funds will strengthen Canada–EU ties and create new opportunities for Canadian space firms.