Ukraine and Canada have signed an energy partnership agreement
The energy ministers of Ukraine and Canada, Denys Shmyhal and Tim Hodgson, signed a Joint Statement on Deepening Energy Cooperation. The document provides for financial and technical support for Ukraine in the energy sector.
According to the signed statement, Canada will contribute 10 million Canadian dollars, or about 7.2 million U.S. dollars, to the Ukraine Energy Support Fund.
The parties also emphasized the importance of diversified natural gas supplies, storage capacity, and reliable energy corridors. All of this is intended to strengthen Ukraine’s energy security.
In addition, Canada plans to provide the European Bank for Reconstruction and Development with loan guarantees totaling up to 757 million U.S. dollars.
The funds are to be used to support Ukraine’s energy security, specifically for emergency purchases of natural gas and the creation of strategic fuel reserves ahead of the 2026–2027 heating season.
Nuclear energy was a separate area of the agreements.
Ukraine’s Energoatom and the Canadian corporation Cameco will cooperate to ensure long-term uranium supplies and conversion services through 2035.
The parties to the agreements view this as a key component of the Ukrainian nuclear sector’s energy independence.
The joint statement also notes that Export Development Canada is allocating 200 million Canadian dollars, or approximately 144 million U.S. dollars, to support priority projects in Ukraine.
In particular, this refers to initiatives in the field of hydropower infrastructure.
Ukraine and Canada have also agreed to continue dialogue regarding the Canadian private sector’s participation in the restoration of Ukraine’s energy system.
Priority areas of cooperation include the production and supply of energy equipment, engineering services, technical expertise, digital technologies, cybersecurity, and enhancing operational resilience.
Thus, the new joint statement provides for both direct financial assistance to Ukraine and a long-term partnership between Canada and the Ukrainian energy sector.
This was reported by the Canadian government’s press service.
Ukrainian President Volodymyr Zelenskyy stated that Kyiv expects to sign a major “Drone Deal” with Canada as early as the end of September. This is expected to take place during the UN General Assembly.
Canada will allocate approximately 350 million Canadian dollars, or roughly $253 million, to purchase American interceptor missiles for Ukraine’s air defense. Canadian Prime Minister Mark Carney announced this on September 10 following a meeting with President Volodymyr Zelenskyy. It has not yet been disclosed exactly which missiles will be purchased or when they will arrive in Ukraine.
Twenty-one Ukrainian pilots are currently undergoing training in Canada, President Volodymyr Zelenskyy reported. According to him, this will significantly strengthen Ukraine’s combat aviation, along with the pilots being trained by other countries.
Following talks with Canadian Prime Minister Mark Carney in Calgary, Ukrainian President Volodymyr Zelenskyy announced that Canada is ready to join the European missile defense program FREYJA. He said that Canada will also provide Ukraine with interceptor missiles for air defense worth 350 million Canadian dollars.
Canada will provide Ukraine with more than $30 million for veteran rehabilitation and reintegration programs. The funds will be used to support Ukrainian defenders after their service.
