Specifically I think this will be true around defence procurement: Canada was just added as the first non-EU state in the EU SAFE defence agreements, and just did a major booth at the International Defence Industry Exhibition EU defence trade show. They decided to buy new subs from Germany instead of Korea, and have slow-played the new fighter acquisitions and will potentially replace at least some F35 orders with Saab Gripens. And they have a new deal to start manufacturing Ukrainian designed military drones in Canada (partnership with Ukraine announced last week iirc?).
If getting this status helps simplify process and costs of EU<->Canada military procurement, then it will be a clear win for both sides given the current desire to reduce dependence on US defence providers.
If getting this status helps simplify process and costs of EU<->Canada military procurement, then it will be a clear win for both sides given the current desire to reduce dependence on US defence providers.