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Monday, June 2, 2025

Claims Canada has pledged $500 billion to Ukraine are false - thecanadianpressnews.ca

Since the Russian invasion of Ukraine in 2022, Canada announced more than $4 billion in military support for Ukraine. In May, social media posts claimed Canada pledged $500 billion to help its ally rebuild. These claims are false. Canada's total military support for Ukraine was around $4.5 billion in January 2025, according to the federal government. The Canadian Press found no evidence of a $500 billion pledge to Ukraine, but there is evidence to suggest the online claims confused the figure with a similar amount from a report estimating Ukraine needs $500 billion over the next decade to rebuild from the war.

THE CLAIM

Ahead of the inaugural mass for the newly elected Pope Leo XIV, Prime Minister Mark Carney affirmed Canada's support for Ukraine, including its intention to continue to provide military and financial support to its European ally.

Online claims about Canada's monetary support for Ukraine appeared on social media in May, with some users claiming Canada pledged $500 billion to help the country rebuild.

"So your finance minister has pledged $500 billion … of taxpayer dollars to rebuild Ukraine," a TikTok user claimed in a video with more than 250,000 plays.

Another TikTok user posted a video of Finance Minister François-Philippe Champagne's May 20 press conference ahead of a G7 finance ministers' meeting with the caption, "Canada pledges $500 billion to rebuild Ukraine." The video received more than 90,000 plays.

Similar claims spread on Facebook, in a video...



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