OriginalSourceThe Kyiv IndependentUkraineLeanCenterCredibilityPublished00:16 UTCRatings: AllSides, MBFCSourceThe Kyiv IndependentUkraineLeanCenterCredibilityPublished00:16 UTCRatings: AllSides, MBFC
“Canada pledges 500 million euros toward Ukraine support loan amid 2027 budget shortfall”
“The Canadian contribution follows similar announcements made by other allies. Norway pledged $9 billion for 2027 on Oct. 7, and on Oct. 28, the U.K. announced a $13 billion pledge to Ukraine, its largest ever.”
Canada pledges 500 million euros to Ukraine Support Loan amid 2027 budget shortfall
Key points
- Canada contributes an initial 500 million euros to the EU's Ukraine Support Loan.
- Prime Minister Mark Carney announced the pledge at the EU-Canada Summit in Montreal.
- Ukraine faces a projected budget shortfall of at least 70 billion euros next year.
- EU disbursement of 45 billion euros is already planned to help Kyiv.
- The 500 million euro pledge enables Ukraine to buy equipment from Canadian defense firms using EU funds.
How it got here
The Kyiv Independent publishes the article.
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