Skip Navigation

Canada will send $5B in aid to Ukraine using funds from seized Russian assets, PM Trudeau says

Archived

Canada will send $5 billion in aid to Ukraine using funds from seized Russian assets, Prime Minister Justin Trudeau said Monday at a peace and security summit in Kyiv.

Trudeau made the pledge as he and a dozen other world leaders are in the Ukrainian capital to mark the third anniversary of Russia’s invasion, where support for Ukraine to end the war on its terms and with its territory intact remained strong.

“This is not a conflict Ukraine wanted, provoked or asked for in any way,” Trudeau said at the summit table.

This is a war started for one reason and one reason only: Russia’s desire to erase Ukrainian history and expand their empire.”

[...]

“We cannot return to an era where might makes right,” Trudeau said. “We must do everything in our power to enable Ukraine to secure a just and lasting peace, a peace that cannot be achieved without Ukrainians at the table.”

26 comments
  • Good. First country to make such a pledge, as, previous actions were to freeze russian assets and use them as guarantee to secure loans for Ukraine or to use interest on seized assets for Ukraine. Before Canada takes action on this, i hope other countries will make similar pledges.

26 comments