Prime Minister Trudeau promises more aid and loans to Ukraine at G7 summit

SCHLOSS ELMAU, GERMANY — Prime Minister Justin Trudeau announced more money for Ukraine — including a $200 million loan through the International Monetary Fund — at the end of the Group of Seven leaders’ summit in Germany.

Canada’s contribution comes as G7 leaders pledged to eliminate or ban the import of Russian coal and oil in response to that country’s war with Ukraine and the ensuing energy crisis, unleashed by invasion.

In addition to the loan to the Ukrainian government, Canada is providing $75 million in humanitarian assistance to support operations in Ukraine and neighboring countries.

Assistance will include the provision of in-kind food aid, emergency cash and vouchers, protection, shelter and health services.

Canada will also provide $52 million in agricultural assistance, including mobile grain storage equipment to increase grain storage capacity, as well as assistance to provide rapid diagnostic testing and animal disease surveillance to to allow export certification.

Canada is also contributing $15 million to help fund demining efforts and $9.7 million for those tracking human rights abuses in Ukraine.

This report from The Canadian Press was first published on June 28, 2022

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