Canada to Contribute $5B Toward Ukraine Loan, Source Says as G7 Leaders Meet in Italy

Canada to Contribute $5B Toward Ukraine Loan, Source Says as G7 Leaders Meet in Italy
Prime Minister Justin Trudeau arrives in Grottaglie, Italy, to attend the G7 Summit, on June 12, 2024. The Canadian Press/Sean Kilpatrick
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Canada is prepared to contribute $5 billion toward a loan to Ukraine that will be based on future revenue from frozen Russian assets, a senior government source confirmed on on June 13.

The source, who is not being named because they are not authorized to discuss details publicly, says G7 leaders are finalizing details of the loan.