Canada offers Ukraine $120M loan as it confronts threat of Russian invasion

By WNews 1 Min Read

Canada today offered Ukraine a $120 million dollar loan to help the eastern European nation face down what Prime Minister Justin Trudeau called an “aggressive” attempt by Russia to destabilize it.

The prime minister also hinted at more military assistance for Ukraine, while insisting again that Moscow “de-escalate” and refrain from further invading and occupying Ukrainian territory.

The federal government said the loan announced today is meant to go toward “economic resilience and governance reforms.” The terms of the loan are to be negotiated with the government of President Volodomyr Zelensky in Kyiv. 

The loan is among the top requests Ukraine has issued to Canada and is intended to

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