Canada to provide $115M to repair Kyiv's power grid

Authored by ctvnews.ca and submitted by Miserable-Lizard
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Canada will transfer $115 million to repair Kyiv's power grid after repeated Russian attacks against Ukraine's energy infrastructure, Deputy Prime Minister Chrystia Freeland said on Tuesday.

The money will come from tariff revenues collected on imports from Russia and Belarus, Freeland said at the Standing with the Ukrainian People conference in Paris.

"Putin and his henchmen are war criminals, and they are attempting to use the cold as a weapon to break the spirit of the remarkable people of Ukraine," Freeland said.

The support from Canada "will help ensure that Ukraine can secure its energy infrastructure and make it through the difficult winter to come," she added.

The Group of Seven rich nations said on Monday they would set up a multi-agency platform to coordinate aid to Ukraine and support its repair, recovery and reconstruction.

Canada has spent $2 billion in direct financial assistance to Ukraine so far in 2022, and committed an additional $500 million through the Ukraine Sovereignty Bond earlier this month, the Office of the Deputy Prime Minister said in a press release.

Canada, the United States and other western allies have provided other forms of financial, intelligence and military assistance to Ukraine to deal with Russia's invasion while imposing multiple sanctions on Moscow.

zombieblackbird on December 14th, 2022 at 02:10 UTC »

It will take years to rebuild, but Ukraine will have the most modern infrastructure in all of Europe by 2045. I hope that it revitalizes their economy and allows them to be an even bugger contribution to the world's productivity than before.

eotheored on December 14th, 2022 at 00:51 UTC »

I bet it comes with a free U2 album

Miserable-Lizard on December 13rd, 2022 at 20:58 UTC »

Good.

The money will come from tariff revenues collected on imports from Russia and Belarus, Freeland said at the Standing with the Ukrainian People conference in Paris.