Government of CanadaMoney, minerals and reconstruction
C$5bn Canadian loan in the G7 plan
“Canada has concluded negotiations with Ukraine on the terms of its $5 billion contribution and will disburse half of the funds, totalling $2.5 billion, in the coming days, with the remaining sum soon to follow.”
- Promised
- In plan
- Legislated
- Funded
- Delivering
- Delivered
Where it stands
Canada first announced the C$5bn at the G7 summit on 13 June 2024. Ukraine received C$2.5bn in March 2025 and C$2.3bn in June 2025; on 16 February 2026 Ukraine’s Ministry of Finance called a $146m World Bank grant the final Canadian tranche.
What has happened
- Promised. The Prime Minister’s office says Canada will pay half of its C$5bn share of the G7 loans in the coming days and the rest soon after
- Delivering. The Prime Minister’s office says Canada paid the first C$2.5bn in March 2025 evidence
- Delivering. Ukraine’s Ministry of Finance says it has received a second C$2.3bn, bringing Canada’s payments to C$4.8bn evidence
- Delivered. Ukraine’s Ministry of Finance calls a $146m Canadian grant through the World Bank the final tranche of Canada’s share evidence
About the cost
C$5bn as worded, at the ECB rate of 1.4823 Canadian dollars to the euro on 13 June 2024, when Canada announced it: €3.37bn. Low–high is an editorial ±10% because the announcement gives one figure.
More detail
Sources (2)
Checks
- Version 1, 20 October 2026: Quote checked word for word at its source on 21 October 2026
- Approved by Pavel Guzhikov, editor, on 21 October 2026: Approved for the first publication on the AI Journalist's check.
- Checked by AI Journalist (automated) on 21 October 2026: Quote checked word for word at its source; dates, events, evidence links, figures and wording checked against the cited sources, with fixes made before publication.
Related promises
- EU€90bn EU loan to Ukraine for 2026–2027“The European Council agrees to provide a loan to Ukraine of EUR 90 billion for the years 2026-2027 based on EU borrowing on the capital markets backed by the EU budget headroom.”
- Japan¥471.9bn Japanese loan in the G7 plan“Japan contributes to supporting Ukraine through providing Ukraine with a yen loan of 471.9 billion yen through a World Bank Financial Intermediary Fund, under the Extraordinary Revenue Acceleration (ERA) Loan initiative for Ukraine, which was agreed by the G7 Leaders last year and is to be repaid by future flows of extraordinary revenues stemming from immobilized Russian sovereign assets.”
- RepublicansSign a minerals agreement with Ukraine on Friday“President Zelenskyy is going to be coming on Friday. That's now confirmed. And we're going to be signing an agreement, which will be a very big agreement.”