EU and Canada pledge intensified pressure on Russia

The European Union and Canada have pledged to intensify pressure on Russia while maintaining long-term military, financial, and diplomatic support for Ukraine. In a significant move, Ottawa announced plans to participate in a €90 billion (approximately $105 billion) EU loan program that will enable Kyiv to purchase Canadian-made military equipment using European funds.

Montreal summit commitments

These commitments emerged from the 21st EU-Canada Summit held in Montreal on Friday. The meeting was attended by Canadian Prime Minister Mark Carney, European Commission President Ursula von der Leyen, and European Council President Antonio Costa.

In a joint statement, the leaders reaffirmed their dedication to Ukraine’s independence, sovereignty, and territorial integrity within its internationally recognized borders. They also committed to increasing pressure on Moscow and pursuing accountability for crimes committed during the Russian invasion.

Ukraine defense financing plan

A key development from the summit involves potential changes to Ukraine’s military procurement strategy. Canada intends to join the EU’s Ukraine Support Loan for the 2026–2027 period. According to an official statement from the Canadian government, this arrangement allows Ukraine to acquire military hardware from Canadian defense firms financed by Europe.

This mechanism aims to help Kyiv meet urgent field requirements and expand transatlantic defense industrial cooperation. The announcement coincides with a separate decision by the European Commission to disburse the remaining €45 billion of the total €90 billion Ukraine Support Loan, providing another source of guaranteed funding for Kyiv in 2027.

Allocation of remaining funds

Of the remaining amount, €31.7 billion is designated to strengthen Ukraine’s defense industrial capabilities. Up to €13.3 billion will support the state budget through the Ukraine Facility and macro-financial assistance.

The Commission’s proposal, which still requires approval from the EU Council, stipulates that the remaining funding must be made available by December 31, 2027. Von der Leyen described this measure as essential to ensure Ukraine can continue providing public services and defending itself against the Russian invasion.

Military needs and production speed

EU Commissioner for Defense Andrius Kubilius highlighted Ukraine’s immediate military needs, specifically citing drone interception aircraft, ammunition, missiles, and air defense radars.

The Commission stated it will continue working to accelerate European defense production and ensure timely deliveries to Ukraine.