Business news from Ukraine

Business news from Ukraine

Canada to allocate $24.5 mln to purchase air defense equipment for Ukraine

18 September , 2023  

Canada will provide CAD33 million ($24.5 million) for a joint initiative led by the United Kingdom to purchase additional air defense equipment for Ukraine, Reuters reported on Sunday, citing Canadian National Defense Minister William Blair.

In his statement, Blair said that this contribution is part of the CAD500 million military aid to Kyiv, which Canadian Prime Minister Justin Trudeau announced in June.

The report notes that since the beginning of the full-scale Russian invasion in February 2022, Ottawa has provided more than CAD8 billion in aid, including about CAD1.8 billion in military assistance. The partnership, which also includes the United States, the Netherlands, and Denmark, aims to purchase hundreds of short- and medium-range air defense missiles and related systems.

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