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Trudeau Announces CAD$120 Million Loan To Ukraine

CANADA

Canada has announced a loan to the Ukrainian government of up to CAD$120 million. Canadian Prime Minister Justin Trudeau also said that Canada was exploring other ways to get involved.

  • Trudeau said: 'Russia is aiming to destabilize Ukraine, including economically. This loan will help support Ukraine's economic resilience. We're also exploring other options to provide financial and other supports.'
  • Canada has already deployed a small contingent of special forces to Ukraine and, as part of Operation UNIFIER, has around 200 military personnel conducting exercises in Ukraine.
  • The more hawkish tone from Trudeau in the past week shows that the international community is become increasingly aligned in the response to Russian aggression.
HomepageCanadaPolitical Market News Bank of Canada Market NewsBulletMarketsFixed Income BulletsForeign Exchange Bullets
HomepageCanadaPolitical Market News Bank of Canada Market NewsBulletMarketsFixed Income BulletsForeign Exchange Bullets

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