Key facts
- European Investment Bank President Nadia Calviño is visiting Ottawa to foster cooperation on critical raw materials.
- Calviño will meet with Canadian Minister for Energy and Natural Resources Tim Hodgson.
- The European Investment Bank (EIB) plans to establish a presence in Canada.
- The EIB's operations in Canada will focus on critical raw materials projects.
- The visit follows a proposal for Canada to become an associate member of the EU.
- Canadian Prime Minister Mark Carney has identified critical raw materials as an area for collaboration with Europe.
European Investment Bank President Nadia Calviño is traveling to Ottawa on Sunday to initiate cooperation between Europe and Canada on critical raw materials. The visit aims to establish a Canadian base for the EIB, the EU's long-term lending institution, to begin operations focused on these strategic resources.