November 1, 2025
Canada accelerates payment of $70 million for energy support to Ukraine thumbnail
Economy

Canada accelerates payment of $70 million for energy support to Ukraine

Canada accelerates payment of $70 million for energy support to UkraineCanada is accelerating the payment of the final installment of its US$70 million contribution to the Ukraine Energy Support Fund.
This funding is part of nearly $22 billion in aid the country has provided to Kyiv.

”, — write: unn.ua

Canada is accelerating the payment of the last part of its $70 million contribution to the Energy Support Fund for Ukraine. This was reported by the country’s Minister of Foreign Affairs, Anita Anand, informs UNN.

DetailsAccording to her, with winter approaching and temperatures dropping, renewed Russian attacks on Ukraine’s energy infrastructure threaten to leave millions of people without electricity, water, and heat. At the same time, Canada remains steadfast in supporting Ukraine’s efforts to restore and strengthen the resilience of its energy system.

Canada is accelerating efforts to restore Ukraine’s critical energy systems and support Ukrainians in the harsh months ahead

In turn, Minister of Energy and Natural Resources Tim Hodgson noted that Canada stands shoulder to shoulder with the people of Ukraine – not only in defending its sovereignty, but also in restoring the foundations of its energy independence.

Energy security is national security. By supporting Ukraine’s energy systems, infrastructure, and technical capabilities, we are supporting freedom, stability, and the common security of democracies around the world

The Canadian government added that this funding is part of nearly $22 billion in economic, military, humanitarian, development, security, stabilization, and immigration assistance that the country has provided to Kyiv.

RecallCanada terminated the contract with Armatec Survivability for the repair of 25 decommissioned armored personnel carriers for Ukraine. Defense Minister David McGuinty confirmed the cancellation of the contract, which was estimated to be worth up to $250 million.

Canada and Britain to join EU plan to use $300 billion in Russian assets for Ukraine’s benefit15.10.25, 17:37 • 2551 view

Related posts

The government proposes to increase defense spending: Shmyhal told where they plan to get the funds

cccv

Новини 31 жовтня: Gulliver закрили, дефіцит електроенергії сповільнить ріст ВВП

unn

Росія атакувала теплоелектростанції ДТЕК в кількох областях України

unn

Leave a Comment

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More