The True Post (Web News) Canadian Prime Minister Mark Carney has announced new financial assistance of 2.5 billion Canadian dollars for Ukraine during a key meeting with Ukrainian President Volodymyr Zelensky in Halifax.
The meeting comes at a time when Ukraine is facing severe economic, military and humanitarian challenges due to the ongoing war with Russia. This was President Zelensky’s second official visit to Canada this year, which is being described as a symbol of strengthening relations and mutual trust between the two countries. In this high-level meeting, the two leaders discussed in detail not only the current war situation but also Ukraine’s post-war rehabilitation, reconstruction, energy security, the role of international financial institutions and the establishment of a just and lasting peace in the future. Reiterating
Canada’s continued support
Prime Minister Mark Carney said on the occasion that Canada has stood by Ukraine from the very beginning and will continue to provide all possible support in the future. According to him, the new financial assistance is a practical expression of the determination that Canada will not leave Ukraine alone, not only during the war but also after the end of the war.
“When I stood with President Zelensky in Kyiv on Ukraine’s Independence Day, I made it clear that Canada will stand with Ukraine through this terrible war and beyond, and today’s announcement is an extension of that commitment,” Mark Carney said in a statement. “ The new $2.5 billion
in aid
will be used across a range of sectors, including International Monetary Fund (IMF) loan support, debt relief measures, and loan guarantees from the World Bank and the European Bank for Reconstruction and Development.” In addition, a large portion of the money will be used to restore Ukraine’s infrastructure, protect the energy system, repair power plants, and rebuild roads, bridges, and residential areas. The energy sector has been particularly hard hit, officials said, as the Ukrainian people have suffered severely in the winter.
Canada’s overall assistance
According to officials, Canada has provided Ukraine with nearly $22 billion in various forms of assistance since Russia’s full-scale invasion. Of this, more than $12 billion has been provided in the form of direct financial assistance, which places Canada among the largest global donors to Ukraine. President Zelensky praised Canada’s role on the occasion, saying that this assistance is not only supporting Ukraine’s economy but also boosting the morale of the people. According to him, “Canada’s support is proof to the Ukrainian people that the world has not forgotten them.”
Military and defense cooperation
In addition to financial assistance, Canada is also providing military assistance. Earlier this month, Canada announced $200 million in military capabilities under NATO’s list of priority needs for Ukraine. In addition, $50 million was allocated to the Drone Capability Coalition, which aims to further strengthen Ukraine’s defense capabilities through modern technology. According to experts, drone technology plays a key role in modern warfare, and investment in this sector will provide Ukraine with improved capabilities in ground and aerial surveillance.
Humanitarian and social aspects
During the news conference, the two leaders emphasized that the aid is not only aimed at meeting defense needs, but also at reuniting families, assisting displaced persons, restoring educational institutions, and resettling affected communities. Mark Carney said that civilians bear the brunt of the war, so Canada will continue to provide humanitarian assistance to Ukraine. He stressed the importance of special programs for children, women, and the elderly.
Global message
According to political analysts, this announcement is a clear message to the international community that democratic countries are united on the issue of Ukraine’s sovereignty and territorial integrity. This step by Canada is not only encouraging for Ukraine, but also a diplomatic pressure on Russia.
Future course of action
At the end of the meeting, the two leaders agreed to increase cooperation in the future, strengthen diplomatic ties, and adopt a common position in international forums. President Zelensky expressed the hope that other countries would follow Canada’s example and increase their assistance to Ukraine.
