Canada has become the first country outside the EU to join the EU's SAFE initiative after Canadian Prime Minister Mark Carney and EU Commission President Ursula von der Leyen announced the move.The SAFE fund, totaling €150 billion, will allow Canada to participate in military procurement and modernization, with major exceptions granted to the country and a focus on strengthening defense ties between the EU and Canada.Nineteen EU states have applied for SAFE funding, with Poland as the largest beneficiary, and the United Kingdom is excluded after failing to agree on financial terms, but UK companies may still access up to 35 percent of procurements.