Sunday, October 2, 2022
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Trudeau pledges another $350 million to Ukraine at the expense of Canadian tax payers

Justin Trudeau and other G7 leaders met in Elmaue, Germany, where Trudeau committed to giving an additional $350 million to support its efforts against Russia’s invasion.

While meeting with other G7 leaders in Elmaue, Germany, Prime Minister Justin Trudeau pledged to give over $350 million more to help Ukraine fend off Russia’s invasion.

Meanwhile Canada hopes to have 44 per cent more wheat production compared to last year, Bibeau said, noting the spike will boost supplies to the developing world as well as countries in the Middle East, Asia and Africa relying on Ukrainian grain.

Trudeau said to continue supporting Ukraine, Canada will provide a $200 million loan for the Ukraine government to meet their “urgent liquidly needs” and another $150 million in “humanitarian development” and piece and security support that will include grain storage units.

According to a statement released from PMO $200 million will be given through the IMF Administered Account, providing Ukraine more flexibility on the spending.

Trudeau announced he is making Canada is give $75 million in humanitarian assistance to help with operations in Ukraine and in the neighbouring countries.

“Canada will provide a total of $75 million through partners including the United Nations, Red Cross and NGOs with specific allocations to be determined based on 2023 humanitarian appeals from the UN and the International Committee of the Red Cross as well as up to date needs assessments”

In addition, Canada will give $52 million in agricultural aid, which will go toward providing mobile grain storage equipment to boost grain storage capacity as well as assistance with quick diagnostic tests and animal disease monitoring to facilitate export certification.

“Of the $52 million, $50M will be allocated for grain storage and $2M for lab equipment. Opportunities will be open to both Canadian and international partners.”

Other funding includes $15 million to experienced mine action organizations to conduct risk education, hazard mapping, and clearance of explosive remnants of war and $9.7 million to combat human rights violations. 

“This funding will support experienced partners to scale up reporting on violations of International Human Rights and Humanitarian Law in Ukraine, helping expose these violations and bring perpetrators to justice,” the statement read. 

Trudeau has already printed $1.87 billion in financial assistance to support the Ukrainian government and the Ukrainian economy this year. 

“Canada has already offered a $1 billion loan to Ukraine through the AA announced in Budget 2022 has already been disbursed. Canada has also fully disbursed a $500 million bilateral sovereign loan to Ukraine.”

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