Carney pledges another $2.5B in economic aid to Ukraine during Zelenskyy's stopover in Canada
JUST DROPPED BY FOR THE CHEQUE
LARGEST UKRAINIAN DIASPORA OUTSIDE OF UKRAINE
Story by National Post Staff
Ukrainian President Volodymyr Zelensky, right, and Canadian Prime Minister Mark Carney during a press conference before their meeting in Halifax on Saturday.
Prime Minister Mark Carney announced more financial aid for Ukraine ahead of a meeting with President Volodymyr Zelenskyy in Halifax on Saturday.
The two met at the city’s airport, where Zelenskyy landed en route to peace talks scheduled with U.S. President Donald Trump on Sunday. He’d arrived from Kyiv, where at least one person was killed and more than two dozen others were injured in a series of Russian airstrikes overnight.
Carney called the latest attack “barbarism” and said it underscores the importance of supporting Ukraine and helping foster a “just and lasting peace and a true reconstruction.”
To that end, Carney pledged a further “$2.5 billion worth of economic assistance that helps unlock financing from the (International Monetary Fund), from the World Bank, from the European Bank for Reconstruction and Development, to begin this process of rebuilding.”
According to the Kiel Institute tracking of aid to Ukraine , Canada has allocated approximately $13.5 billion in financial aid — third amongst all nations behind only the U.S. and European Union, but first based on the percentage of GDP.
At the G7 Summit in Alberta this summer, Carney announced a $2 billion aid package to help Ukraine make military purchases. Kiel now tallies Canada’s military assistance at just over $7 billion, eighth on its list.
Canada has also provided roughly $900 million in humanitarian support.
Zelenskyy thanked Carney for the additional support and said Saturday’s attack involving more than 500 drones and 40 missiles — including hypersonic weapons — is “Russia’s answer on our peace efforts.
“It really shows that (Vladimir) Putin doesn’t want peace and we want peace,” he said.
In a post on Telegram, the Russian defence ministry said its strikes “targeted energy infrastructure used by Ukraine’s armed forces as well as defence industry facilities.”
Establishing a lasting peace in Ukraine requires “a willing Russia,” Mark Carney said Saturday, denouncing the “barbarism” of Moscow’s latest bombardment of Kyiv as he met with Volodymyr Zelensky.© HANDOUT
Following their bilateral meeting, Carney and Zelenskyy held a video call with European leaders, during which they will “go through all the issues, provide updates, and exchange details” of the U.S.-backed peace plan to end Russia’s nearly four-year invasion of Ukraine, AFP reported.
“At a crucial moment in this process, under President Zelenskyy’s leadership, we have the conditions, the possibility of a just and lasting peace,” Carney said Saturday. “But that requires a willing Russia.”
The Halifax meeting followed a phone call between the two leaders on Boxing Day, during which Carney commended Zelenskyy’s ongoing peace efforts and the courage of the Ukrainian people, according to the prime minister’s office.
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Story by National Post Staff
Ukrainian President Volodymyr Zelensky, right, and Canadian Prime Minister Mark Carney during a press conference before their meeting in Halifax on Saturday.
Prime Minister Mark Carney announced more financial aid for Ukraine ahead of a meeting with President Volodymyr Zelenskyy in Halifax on Saturday.
The two met at the city’s airport, where Zelenskyy landed en route to peace talks scheduled with U.S. President Donald Trump on Sunday. He’d arrived from Kyiv, where at least one person was killed and more than two dozen others were injured in a series of Russian airstrikes overnight.
Carney called the latest attack “barbarism” and said it underscores the importance of supporting Ukraine and helping foster a “just and lasting peace and a true reconstruction.”
To that end, Carney pledged a further “$2.5 billion worth of economic assistance that helps unlock financing from the (International Monetary Fund), from the World Bank, from the European Bank for Reconstruction and Development, to begin this process of rebuilding.”
According to the Kiel Institute tracking of aid to Ukraine , Canada has allocated approximately $13.5 billion in financial aid — third amongst all nations behind only the U.S. and European Union, but first based on the percentage of GDP.
Related video: Canada pledges additional USD 2.5 billion economic aid for Ukraine (The Canadian Press)
At the G7 Summit in Alberta this summer, Carney announced a $2 billion aid package to help Ukraine make military purchases. Kiel now tallies Canada’s military assistance at just over $7 billion, eighth on its list.
Canada has also provided roughly $900 million in humanitarian support.
Zelenskyy thanked Carney for the additional support and said Saturday’s attack involving more than 500 drones and 40 missiles — including hypersonic weapons — is “Russia’s answer on our peace efforts.
“It really shows that (Vladimir) Putin doesn’t want peace and we want peace,” he said.
In a post on Telegram, the Russian defence ministry said its strikes “targeted energy infrastructure used by Ukraine’s armed forces as well as defence industry facilities.”
Establishing a lasting peace in Ukraine requires “a willing Russia,” Mark Carney said Saturday, denouncing the “barbarism” of Moscow’s latest bombardment of Kyiv as he met with Volodymyr Zelensky.© HANDOUT
Following their bilateral meeting, Carney and Zelenskyy held a video call with European leaders, during which they will “go through all the issues, provide updates, and exchange details” of the U.S.-backed peace plan to end Russia’s nearly four-year invasion of Ukraine, AFP reported.
“At a crucial moment in this process, under President Zelenskyy’s leadership, we have the conditions, the possibility of a just and lasting peace,” Carney said Saturday. “But that requires a willing Russia.”
The Halifax meeting followed a phone call between the two leaders on Boxing Day, during which Carney commended Zelenskyy’s ongoing peace efforts and the courage of the Ukrainian people, according to the prime minister’s office.
Our website is the place for the latest breaking news, exclusive scoops, longreads and provocative commentary. Please bookmark nationalpost.com and sign up for our daily newsletter, Posted, here.
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