From: news-nouvelles@international.gc.ca To: Peggy Mason Subject: Government of Canada announces loan of up to $120 million to support Ukraine’s economic resilience and development Date: January 21, 2022 10:18:41 AM Government of Canada announces loan of up to $120 million to support Ukraine’s economic resilience and development January 21, 2022 – Ottawa, Ontario – Global Affairs Canada Canada sta. [...] Sajjan, Minister of International Development and Minister responsible for the Pacific Economic Development Agency of Canada, and the Honourable Mélanie Joly, Minister of Foreign Affairs, announced that Canada has offered to provide a loan of up to $120 million to the Government of Ukraine to support the country’s economic resilience and governance reforms. [...] In addition, Canada has also offered to provide a technical assistance grant of up to $6 million to support the implementation of the loan. [...] Sajjan, Minister of International Development and Minister responsible for the Pacific Economic Development Agency of Canada “Over the past days, I have witnessed the strength of the people of Ukraine in the face of challenges posed by Russia’s destabilizing and aggressive actions. [...] Canada will continue to work closely with our partners to support a strong and independent Ukraine.” - Mélanie Joly, Minister of Foreign Affairs Quick facts In 2014 and 2015, Canada provided a loan of $400 million ($200 million per year) to the then-new Government of Ukraine to support its economic recovery and development objectives.
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