Canada announces $4.3 BILLION more for Ukraine following G7 meetings

The pledge, announced by Prime Minister Mark Carney after meeting with Ukrainian President Volodymyr Zelensky, includes $2 billion for military equipment and supplies and a $2.3 billion loan for reconstruction efforts, to be funded by interest generated from frozen Russian assets, per the Canadian Press.

A senior Canadian official said that Canada had hoped for a stronger group-wide position on Ukraine but would proceed independently. While most G7 nations supported issuing a joint declaration of support, the United States refused to agree to the proposed wording. Washington is currently pursuing ceasefire negotiations between Ukraine and Russia and sought more restrained language, officials said. As a result, the summit ended without a full joint communiqué. Canada will instead issue a separate chair’s statement using the language supported by its allies in Europe and Japan.

Despite the diplomatic split, Carney claimed that Ukraine remains a top priority for Ottawa. He also introduced a fresh package of sanctions targeting Russian entities and individuals.

French President Emmanuel Macron praised Carney for the summit, saying that “he held the group together” under difficult circumstances. Macron is scheduled to host the G7 in 2026.

Beyond Ukraine, the summit produced several separate statements on global issues, including transnational repression, AI, and border smuggling.

The G7 issued a declaration condemning foreign governments that engage in harassment, surveillance, or attacks beyond their own borders—actions Canadian officials say have been tied to the Indian government.

Carney met with Indian Prime Minister Narendra Modi on Tuesday, and the two agreed to restore full diplomatic ties between their countries. Both Ottawa and New Delhi will name new high commissioners, ending a diplomatic freeze that followed the 2023 killing of Sikh separatist Hardeep Singh Nijjar in British Columbia—an incident Canadian authorities say was tied to Indian agents.

The summit also produced agreements on tackling human trafficking, coordinating wildfire response, and exploring the use of AI to improve public services.