Canada will provide an additional $2.5 billion in economic aid to Ukraine, Prime Minister Mark Carney said on Saturday, as he met President Volodymyr Zelenskyy during a stopover in Halifax.
Carney said the funding would help Ukraine unlock further financing from international institutions, including the International Monetary Fund, the World Bank and the European Bank for Reconstruction and Development.
“We are announcing today further economic assistance for Ukraine, two and a half billion dollars’ worth of economic assistance that helps unlock financing from the IMF, from the World Bank, from the European Bank for Reconstruction and Development, to begin this process of rebuilding,” Carney told reporters.
Zelenskyy thanked Canada for its continued support, describing the aid as critical as Ukraine faces renewed Russian attacks.
“Russia launched more than 500 drones and dozens of missiles,” he said, referring to overnight strikes on Ukrainian cities. “This is Russia’s answer to peace efforts.”
The meeting took place as Zelenskyy travelled to Florida for talks with U.S. President Donald Trump, which he said would focus on security guarantees, air defence and territorial issues as part of efforts to end the war triggered by Russia’s invasion in February 2022.
Carney said recent Russian attacks underlined the need to stand firmly with Kyiv.
“The barbarism that we saw overnight, the attack on Kyiv, shows just how important it is that we stand with Ukraine during this difficult time and that we create the conditions for a just and lasting peace,” he said.
Canada has been one of Ukraine’s strongest Western supporters, providing military, economic and humanitarian assistance since the start of the war.
Carney reaffirmed that Canada would continue its military support alongside the newly announced economic package.
Zelenskyy said discussions with allies would continue in the coming days, including with members of the so-called coalition of the willing, as diplomatic efforts intensify to bring the conflict to an end.
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Armenian Prime Minister Nikol Pashinyan's party is on course for victory, with Armenian media reporting that the country's Central Election Commission has completed the vote count in the parliamentary elections. An official announcement is still expected.
Kazakhstan will require major businesses to introduce five-year water-saving plans as authorities warn that worsening shortages could threaten not only the environment but also the country's economy.
A powerful earthquake struck off the southern Philippine island of Mindanao on Monday (8 June), killing at least 32 people and triggering tsunami warnings across the region.
A French Rafale fighter jet shot down a drone that entered Latvian airspace from Russia on Monday (8 June), triggering security alerts and renewing concerns about the impact of the war in Ukraine on NATO's eastern flank.
Counting is underway in Armenia's elections. The results of the vote are set to determine the political direction of the country of three million people for the next few years. Prime Minister Nikol Pashinyan is hoping to fend off challenges from several pro-Russia candidates to secure a third term.
Armenian Prime Minister Nikol Pashinyan's party is on course for victory, with Armenian media reporting that the country's Central Election Commission has completed the vote count in the parliamentary elections. An official announcement is still expected.
Armenian authorities arrested six candidates from the pro-Russian Strong Armenia bloc on Saturday, one day before voters were due to take part in parliamentary elections.
Azerbaijan's Foreign Ministry has confirmed the number of casualties its citizens suffered as a result of the 5 June drone attacks on the cargo ships Natra and Zircon in the Sea of Azov. In a statement, it said four Azerbaijani citizens were killed and four others were injured.
The results of Armenia’s parliamentary elections will determine the makeup of the National Assembly and shape the country's political direction for the foreseeable future. But in Armenia, the final result is not decided by vote percentages alone. Here's how it works.
A French Rafale fighter jet shot down a drone that entered Latvian airspace from Russia on Monday (8 June), triggering security alerts and renewing concerns about the impact of the war in Ukraine on NATO's eastern flank.
Chinese President Xi Jinping arrived in Pyongyang on Monday (8 June) for a rare summit with North Korean leader Kim Jong Un, receiving a grand welcome as he described relations between the two countries as being at a "new historical starting point".
Football fans of all ages gathered in Miami Beach for a World Cup sticker trading event, exchanging duplicates and comparing Panini albums as they prepared for the tournament's opening match.
A city north of Tokyo has suspended classes at all 94 of its primary and middle schools after its first-ever reported bear sighting, amid growing concern over increasing encounters between bears and people across Japan.
A Turkish fishing vessel rescued migrants from a boat in distress in international waters off Malta on Sunday (7 June), after the overcrowded craft capsized in the central Mediterranean.
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