Montreal – Canada News 30 October 2026 Canadian Prime Minister Mark Carney announced his country’s commitment to provide a primary contribution of €500 million, equivalent to around $778 million Canadian, under the European Union loan program to support Ukraine. The announcement was made at the European Canadian loan summit held in Montreal, with the participation of European Commission President Ursula von der Leyen and European Council President Antonio Costa. The contribution is aimed at supporting Ukraine’s financial and defence needs and reconstruction, within the European Canadian loan mechanism with a total value of €90 billion for the period 2026-2027. and confirmed Carney’s continued cooperation with European partners on supporting Ukraine and strengthening security and stability.
Carney Announces New $778 Million Canadian Contribution to Support Ukraine Through European Loan Program
