The European Union and Canada have committed to intensifying their pressure on Russia while providing sustained support to Ukraine, according to announcements made during the 21st EU–Canada summit in Montreal on October 30. This joint effort was underscored by Canadian Prime Minister Mark Carney’s meeting with European Commission President Ursula von der Leyen and European Council President António Costa.
One significant development from the summit is Canada’s intention to join the EU’s €90 billion Ukraine Support Loan for 2026–2027. This participation could allow Ukraine to acquire military equipment from Canadian defence companies using European financing, potentially enhancing Kyiv’s military capabilities and fostering closer ties between Canadian and European defence industries.
The European Commission has also moved forward with plans to release an additional €45 billion of the Ukraine Support Loan by 2027. Out of this amount, €31.7 billion is earmarked for bolstering Ukraine’s defence industry, while up to €13.3 billion will support the country’s state budget through mechanisms like the Ukraine Facility and macro-financial assistance. This funding is intended to maintain essential public services in Ukraine and aid in its defence against Russian aggression.
European leaders emphasized the urgent need for military supplies, including drone interceptors, ammunition, missiles, and air defence radars. The Commission reiterated its commitment to expanding European defence production to ensure timely delivery to Ukraine. While Canada’s proposed involvement could add a new source of military equipment through the EU-funded procurement framework, the specifics of Ottawa’s financial contribution have yet to be finalized.
In a joint declaration, EU and Canadian leaders reaffirmed their commitment to Ukraine’s sovereignty and territorial integrity. They also pledged to increase the pressure on Russia and seek accountability for actions taken during the invasion. The leaders advocated for a comprehensive, just, and lasting peace in accordance with international law and the United Nations Charter.
The declaration highlighted efforts to return Ukrainian prisoners of war and civilians detained by Russia, as well as children who have been unlawfully deported. The International Coalition for the Return of Ukrainian Children, in which Canada plays a significant diplomatic role, was particularly noted.
Beyond immediate military assistance, both the EU and Canada confirmed their dedication to Ukraine’s long-term reconstruction, institutional reforms, and closer integration with European and transatlantic structures. This ongoing commitment underscores a broad international effort to support Ukraine amid its ongoing conflict with Russia.