At the 21st EU–Canada summit in Montreal on October 30, European Union and Canadian leaders underscored their commitment to increasing pressure on Russia while pledging extensive military, financial, and diplomatic support to Ukraine. Canadian Prime Minister Mark Carney, European Commission President Ursula von der Leyen, and European Council President António Costa emphasized the importance of long-term assistance for Ukraine as it continues to face Russian aggression.
A significant development from the summit was Canada’s announcement of its intention to join the EU’s €90 billion Ukraine Support Loan for 2026–2027. This collaboration would enable Ukraine to acquire military equipment from Canadian defense companies using European financing, potentially enhancing Kyiv’s military capabilities and fostering cooperation between Canadian and European defense industries.
The European Commission also advanced plans to release an additional €45 billion from the Ukraine Support Loan by the end of 2027. Of this, €31.7 billion is earmarked for strengthening Ukraine’s defense industry, while up to €13.3 billion will support Ukraine’s state budget. This financial aid aims to help Ukraine sustain essential public services and bolster its defense efforts against the ongoing invasion.
EU leaders stressed the urgent need for military supplies, including drone interceptors, ammunition, missiles, and air defense radars. The Commission reiterated its dedication to boosting European defense production to ensure timely delivery of these resources to Ukraine. Meanwhile, Canada’s proposed participation could provide another avenue for military equipment acquisition through the EU-funded procurement framework, although Ottawa has yet to finalize the terms or announce a specific financial contribution.
The joint declaration from the summit reaffirmed the EU and Canada’s unwavering support for Ukraine’s sovereignty, independence, and territorial integrity. The leaders also committed to holding Russia accountable for crimes committed during the invasion and advocated for a comprehensive peace grounded in international law and the United Nations Charter. Additionally, they called for the safe return of Ukrainian prisoners of war, detained civilians, and children unlawfully deported or forcibly transferred by Russia.
Beyond immediate military aid, the EU and Canada expressed their dedication to Ukraine’s long-term reconstruction, institutional reforms, and closer integration with European and transatlantic structures. The summit highlighted the International Coalition for the Return of Ukrainian Children, an initiative where Canada plays a key diplomatic role, further showcasing the collaborative efforts of the EU and Canada in supporting Ukraine amid ongoing challenges.