Carney Pledges $4.3B for Ukraine, Announces New Sanctions on Russia at G7 Summit

Carney Pledges $4.3B for Ukraine, Announces New Sanctions on Russia at G7 Summit
Prime Minister Mark Carney walks with Ukrainian President Volodymyr Zelenskyy to a morning session at the G7 Summit in Kananaskis, Alta., on June 17, 2025. Adrian Wyld/The Canadian Press
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BANFF, Alta.–Prime Minister Mark Carney announced $4.3 billion in new support for Ukraine and additional sanctions against Russia ahead of a meeting with Ukrainian President Volodymyr Zelenskyy on the second day of the G7 leaders’ summit.

The new support includes $2 billion in military assistance, and will provide resources such as drones, helicopters, and ammunition, Carney told reporters on June 17 in Kananaskis, Alta., shortly after welcoming Zelenskyy to the G7 summit. That funding will count toward Canada’s NATO defence spending target, according to the Prime Minister’s Office (PMO).