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Canada to allocate $130mn for Ukraine's recovery

Canada to provide Ukraine with $130 million for reconstruction and development programmes, as announced by the Office of Canadian Prime Minister Justin Trudeau. CAD 75 million for peace and security assistance, CAD 15 million for National Museum of Holodomor-Genocide, and additional funding for various projects.

Canada’s assistance includes CAD 75 million for peace and security aid, including demining, cyber support, and intelligence assistance. Another CAD 15 million will go towards the completion of the National Museum of the Holodomor-Genocide in Kiev.

In addition to the above commitments, Canada will provide $17 million for humanitarian assistance, $30 million for development aid, nearly $14 million for stabilisation efforts such as chemical weapons reduction and countering information warfare, and $15 million for various stabilisation projects.

During his visit to Kiev on February 24, Trudeau signed a security agreement with Ukraine, promising over $3 billion in security and financial assistance this year. Canada’s support aims to address various challenges faced by Ukraine, ranging from demining to countering disinformation.

This assistance from Canada underscores the strong support for Ukraine’s reconstruction and development efforts, as outlined by the Office of Canadian Prime Minister Justin Trudeau. The funding will help Ukraine in addressing critical issues such as demining, cyber support, and intelligence assistance.

IANS

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