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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 committed $7.4 billion in immediate financial support to Ukraine to help meet Ukraine’s urgent balance of payments needs and support its macroeconomic stability. This includes $6.75 billion in loan resources through the Administered Account for Ukraine at the International Monetary Fund, which Canada championed; $500 million in direct bilateral loans; and other financial support delivered through multilateral development banks.

To help support Ukraine’s long-term stability and economic recovery and to demonstrate the two 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.

The Ukraine Goods Remission Order, in force since June 9, 2022, supports the Ukrainian economy by encouraging increased exports to Canada through the temporary and exceptional remission of customs and trade remedy duties on imports of goods originating in Ukraine.

Canada and other official creditors of Ukraine’s have agreed to provide a coordinated suspension of debt service due by Ukraine until the end of March 2027, corresponding to the end of Ukraine’s International Monetary Fund (IMF) program.

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 (UN), the Red Cross and other non-governmental organizations (NGOs), are providing emergency health services, protection and support to displaced populations, as well as essential life-saving services, such as shelter, water and sanitation, food, as well as child protection and gender-based violence response services.

Canada’s humanitarian assistance is aligned with the UN’s Humanitarian Response Plan. Flexible funding allocations allow for Canada to respond to urgent needs as they arise, such as funding for winterization initiatives and the Kakhovka dam crisis. Canada has also sent relief items from its national emergency stockpiles and humanitarian stockpiles and enabled the deployment of humanitarian and logistics experts to the UN Specialised Agencies.

Development assistance

Canada’s development assistance in Ukraine supports areas of inclusive governance, growth that works for everyone, and empowerment of women and girls. At the outset of Russia’s aggression, Canada pivoted its existing projects in agriculture, decentralization, and governance reforms to address emerging needs. Canada has committed over $403 million in development assistance funding to Ukraine including:

Security and stabilization support

Canada has scaled up its security and stabilization programming in Ukraine following the full-scale Russian invasion in February 2022, with approximately $198 million committed in new and planned programming through the Peace and Stabilization Operations and the Weapons Threat Reduction Programs. This includes :

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