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.
Ukraine is sending a senior delegation to the U.S. for talks on security guarantees and a post-war recovery package, President Volodymyr Zelenskyy sai...
Start your day informed with AnewZ Morning Brief: here are the top news stories for the 17th of January, covering the latest developments you need to ...
More than 3,000 people have been killed in Iran’s nationwide protests, according to rights activists, as monitors reported a slight return of intern...
Mongolia has introduced a new decree to strengthen traditional Mongolian medicine and expand its international profile....
Ukrainian President Volodymyr Zelenskyy said on Friday that allied supplies of air defence systems and missiles were insufficient as Russia prepares n...
Ukrainian President Volodymyr Zelenskyy said on Friday that allied supplies of air defence systems and missiles were insufficient as Russia prepares new large-scale attacks.
Poland plans to expand its armed forces to 500,000 by 2039, including 300,000 active-duty troops and 200,000 reservists, officials said Friday. The enlarged force would feature a new high-readiness reserve unit.
Kyiv is facing its most severe wartime energy crisis, with the capital receiving only about half the electricity it needs, Mayor Vitali Klitschko told Reuters on Friday.
White House announced on Friday the formation of a technocratic committee to oversee the transition of power in the Gaza Strip as part of President Donald Trump's 20-point plan to end the conflict in the territory.
At least four people were injured after a large fire and explosions hit a residential building in the Dutch city of Utrecht, authorities said.
A railway power outage in Tokyo disrupted the morning commute for roughly 673,000 passengers on Friday (16 January) as two main lines with some of the world's busiest stations were halted after reports of a fire.
Russian President Vladimir Putin has warned that the international situation is worsening and that the world is becoming more dangerous, while avoiding public comment on events in Venezuela and Iran.
A SpaceX capsule carrying a four-member crew home from orbit in an emergency return to earth necessitated by an undisclosed serious medical condition afflicting one of the astronauts splashed down safely early on Thursday (15 January) in the Pacific Ocean off California.
President Donald Trump announced Thursday evening that the long-awaited “Board of Peace” to oversee Gaza’s reconstruction has officially been formed.
Ukraine is sending a senior delegation to the U.S. for talks on security guarantees and a post-war recovery package, President Volodymyr Zelenskyy said on Friday, adding that agreements could be signed at the World Economic Forum in Davos next week.
Start your day informed with AnewZ Morning Brief: here are the top news stories for the 17th of January, covering the latest developments you need to know.
More than 3,000 people have been killed in Iran’s nationwide protests, according to rights activists, as monitors reported a slight return of internet connectivity following an eight-day shutdown.
Ukrainian President Volodymyr Zelenskyy said on Friday that allied supplies of air defence systems and missiles were insufficient as Russia prepares new large-scale attacks.
Poland plans to expand its armed forces to 500,000 by 2039, including 300,000 active-duty troops and 200,000 reservists, officials said Friday. The enlarged force would feature a new high-readiness reserve unit.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment