WorldCanada pledges €500 million toward Ukraine support loan amid 2027 budget shortfall

Canadian Prime Minister Mark Carney announced an initial contribution of €500 million to the EU’s Ukraine Support Loan. Ukraine expects a budget shortfall of at least €70 billion next year; joining the €90 billion mechanism would also let Kyiv use EU funds to buy military equipment from Canadian defense companies.

CanadaUkrainebudget shortfallsupport loan

TThe Kyiv Independent★★★★☆2026-10-31 00:16Original