Canada seeks to join €90bn support loan for Ukraine, Brussels confirms

AI Summary

Canada plans to join a €90 billion support loan program for Ukraine, enabling Ukraine to purchase weapons from Canadian defense firms by bypassing EU 'Made in Europe' requirements. Canada will consequently share the annual loan interest proportionately, as confirmed by Brussels.

Canada's inclusion will allow Ukraine to buy weapons from Canadian defence companies and bypass the "Made in Europe" requirements. In turn, Ottawa will have to pay a proportional share of the annual interest.