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Economic, humanitarian and development assistance, and security and stabilization support – Russia’s invasion of Ukraine

Since January 2022, Canada has responded to Russia’s aggression by providing economic, humanitarian, development and security and stabilization support to Ukraine.

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Economic assistance

Canada has provided $4.85 billion in loan assistance to Ukraine to help meet Ukraine’s urgent balance of payments needs and support its macroeconomic stability. The full amount of this support has been provided. It includes $4.35 billion in loan resources through the new Administered Account for Ukraine at the International Monetary Fund, which Canada championed, and $500 million in direct bilateral loans. To help support Ukraine’s long-term stability and economic recovery and to demonstrate the 2 countries’ commitment to their bilateral commercial relationship, Canada and Ukraine launched negotiations to modernize the Canada-Ukraine Free Trade Agreement on January 27, 2022. On April 11, 2023, Prime Minister Justin Trudeau and Ukraine’s Prime Minister Denys Shmyhal signed a joint declaration confirming the conclusion of substantive negotiations on the modernization.

On May 8, 2022, Canada announced the removal of all tariffs, without exception, on imports from Ukraine for a 1-year period. This provided Ukraine with the maximum level of tariff-free access to Canada’s market.

Canada and other official creditors of Ukraine’s agreed to provide a coordinated suspension of debt service due by Ukraine between August 2022 and the end of December 2023, with the possibility of an additional year’s extension.

Canada provided a $50-million loan guarantee to enable a €300-million loan from the European Bank for Reconstruction and Development to Naftogaz, Ukraine’s state-owned gas company, to help keep the heat and lights on in Ukraine last winter.

Humanitarian assistance

Since January 2022, Canada has committed $352.5 million in humanitarian assistance to respond to the humanitarian impacts of Russia’s invasion in Ukraine and neighbouring countries.

With this contribution, Canada’s partners, including the United Nations, the Red Cross and other non-governmental organizations, are providing emergency health services, protection and support to displaced populations, as well as essential life-saving services, such as shelter, water and sanitation and food.

Canada sent 20 cargo flights to Ukraine with a total of more than 377,000 essential relief items and financed the deployment of humanitarian experts to support the United Nations and Red Cross responses in Ukraine and neighbouring countries.

Development assistance

Canada has committed an additional $127 million in development assistance funding to Ukraine to address emerging priorities, including:

Security and stabilization support

Canada has scaled up its security and stabilization programming in Ukraine, with approximately $102 million in new and planned programming in Ukraine through the Peace and Stabilization Operations and the Weapons Threat Reduction programs since February 2022, including:

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