Government of CanadaMoney, minerals and reconstruction
C$3.02bn of Canadian support in 2024
“To this end, in 2024, Canada will provide $3.02B in macroeconomic and military support to Ukraine.”
- Promised
- In plan
- Legislated
- Funded
- Delivering
- Delivered
Where it stands
Ukraine received C$2.4bn of loans from Canada in 2024: C$2bn in March and C$400m in October. National Defence puts Canada’s military assistance to Ukraine at C$1.184bn in its 2024–25 financial year, April 2024 to March 2025. Together that is more than the C$3.02bn, but the military figure is not split by calendar year, so how much of it arrived in 2024 is unconfirmed.
What has happened
- Promised. Canada and Ukraine sign the agreement in Kyiv
- Delivering. Ukraine’s Ministry of Finance says the state budget has received a C$2bn loan from Canada evidence
- Delivering. National Defence’s results report puts Canada’s military assistance to Ukraine in 2024–25, the year to 31 March 2025, at C$1.184bn evidence
About the cost
C$3.02bn as worded, at the ECB rate of 1.4587 Canadian dollars to the euro on 23 February 2024, the last rate before the Saturday signing: €2.07bn. Low–high is an editorial ±10% because the agreement gives one figure.
More detail
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.”