Canada provided Ukraine with a 2.5 billion Canadian dollar ($1.7 billion) loan under the G7's Extraordinary Revenue Acceleration (ERA) initiative, to be repaid using future profits from frozen Russian assets.
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Ukraine has received a 2.5 billion Canadian dollar ($1.7 billion) loan from Canada under the Group of Seven's (G7) Extraordinary Revenue Acceleration (ERA) initiative
Canada's contribution to the initiative is $3.5 billion, and the loan will be granted for 30 years
The Canadian government sent the first tranche in March
Since the beginning of the year, Ukraine has received about $17.6 billion from Russia's frozen assets
Canada has provided Ukraine with about $1.7 billion (2.3 billion Canadian dollars) under the ERA initiative, funded by proceeds from frozen Russian assets.
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Extraction metadata
Extracted: 2026-05-30T04:27:17.383Z
Source story: ukraine-receives-2nd-1-7-billion-tranche-from-canada-under-g7-loan-covered-by-russian-assets