Canada has announced $2.5 billion in new economic assistance for Ukraine, reinforcing its long-term commitment to supporting Kyiv as the war with Russia continues to strain Ukraine’s economy, infrastructure, and public services.
The funding package, confirmed by senior government officials, is aimed at helping Ukraine maintain basic state functions, stabilize its economy, and continue delivering essential services to citizens amid ongoing conflict. The aid will support areas such as public sector salaries, pensions, healthcare, energy systems, and critical infrastructure, which have come under sustained pressure due to repeated Russian strikes.
Canadian officials said the assistance is designed to complement military and humanitarian support already being provided by Ottawa and its allies. They stressed that economic stability is crucial for Ukraine’s ability to defend itself and prepare for long-term recovery. “Ukraine must not only survive this war but remain functional as a state,” one official said.
Since the start of the conflict, Canada has been one of Ukraine’s most consistent supporters, providing military equipment, financial aid, humanitarian relief, and diplomatic backing. With this latest announcement, Canada’s total financial and military commitment to Ukraine has climbed significantly, placing it among the leading contributors relative to population size.
The funding will be channelled through trusted international mechanisms and partners to ensure transparency and accountability, officials added. Ottawa said it is working closely with international financial institutions and allies to coordinate assistance and prevent economic collapse in Ukraine.
The announcement comes as Ukraine faces mounting fiscal challenges, including declining revenues, damage to industrial capacity, and the cost of maintaining defence operations. Analysts say sustained economic aid from allies is critical to prevent currency instability and social unrest.
Canada reiterated its position that support for Ukraine will continue “for as long as it takes,” while also calling on other international partners to maintain unity and long-term commitment. As the war shows no sign of an immediate resolution, Ottawa’s latest pledge signals that economic backing remains a central pillar of its Ukraine strategy.