Canada announces $4.3-billion in new support for Ukraine and sanctions on Russia’s ‘shadow fleet’
CANADA, JUN 17 – Canada pledges $2 billion in military aid and $2.3 billion loan to Ukraine while sanctioning over 300 Russian vessels and entities to disrupt Moscow's war financing, officials said.
- At the G7 summit held in Alberta in mid-June 2025, Canadian Prime Minister Mark Carney revealed new assistance totaling $4.3 billion for Ukraine, alongside sanctions aimed at disrupting Russia's shadow fleet.
- The announcement follows nearly four years of Russia’s war on Ukraine and ongoing demands for increased sanctions to pressure Moscow to negotiate peace.
- The support package includes $2 billion in military aid for drones, ammunition, and armored vehicles, plus a $2.3 billion loan to rebuild Ukraine’s infrastructure, while sanctions target 200 Russian vessels skirting trade restrictions.
- Carney denounced Russia’s most lethal strike on Kyiv this year, offering condolences to those affected and emphasizing the need for continued maximum pressure and unity with Ukraine. Meanwhile, von der Leyen highlighted that coordinated G7 and EU sanctions have led to a reduction of about 80% in Russia’s income from oil and gas since February 2022.
- These measures reinforce Canada’s role as G7 chair and ally to Ukraine, signaling continued military and economic support despite U.S. President Trump’s early departure from the summit citing Middle East tensions.
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New sanctions are designed to weaken Russia's economy, including the shadow fleet. Russia is changing an important strategy.
New Russia Sanctions Target Enablers Of War, Including Russia’s ‘Shadow Fleet’
This latest round of sanctions targets actors involved in Russia's military-industrial complex, supporters from North Korea, Iran, and Belarus, as well as vessels that are part of Russia's ‘shadow fleet’.
·Wellington, New Zealand
Read Full ArticleRussia has recently stepped up its attacks on Ukraine. Larger parts of the country are being hit. A ceasefire has not yet been reached and seems less and less of an option. What now? Follow the latest developments in our live blog.
·Amsterdam, Netherlands
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Total News Sources84
Leaning Left31Leaning Right7Center10Last UpdatedBias Distribution65% Left
Bias Distribution
- 65% of the sources lean Left
65% Left
L 65%
C 21%
15%
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