---
title: "Canada Discusses Joining the EU's €90 Billion Loan Program for Ukraine: What It Means for Kyiv"
description: "Canada is holding technical consultations with the EU on joining the €90 billion loan program for Ukraine. With Ottawa's participation, Kyiv will be able to purchase weapons from Canadian manufacturers without the \"Made in Europe\" restriction."
date: 2026-09-19T20:08:00.000Z
lang: en
url: https://xab.info/en/posts/canada-discusses-joining-eu-90-billion-loan-program-for-ukraine
tags: [canada, eu, ukraine, credit-program, defense, mark-carney, european-union]
publisher: "XAB.info"
---

# Canada Discusses Joining the EU's €90 Billion Loan Program for Ukraine: What It Means for Kyiv

![Canada and EU talks on the 90 billion euro credit program for Ukraine: official at a podium against the European Union emblem](https://xab.info/media/2026/09/20/kanada-obsuzhdaet-s-es-uchastie-v-kreditnoy-programme-dlya-ukrainy/kanada-obsuzhdaet-s-es-uchastie-v-kreditnoy-programme-dlya-ukrainy-1.webp)

## 🎯 Key Points

- The team of Canadian Prime Minister Mark Carney is holding technical consultations with the EU on joining the €90 billion loan program for Ukraine
- With Canada's participation, Ukraine will be able to purchase weapons from Canadian manufacturers without the "Made in Europe" requirement
- Canada will pay up to €3 billion in interest on the loan depending on the activity of Canadian companies
- The negotiations are taking place against the backdrop of discussions on EU associated member status for Canada and Trump's threats to impose tariffs on the EU

The team of Canadian Prime Minister Mark Carney is in negotiations with the European Union over Ottawa's possible accession to the EU's €90 billion loan program designed to support Ukraine. This was stated by European Commission spokesperson Balázs Ujvári, whose words are cited by RBC-Ukraine via Euronews. According to journalists, at the current stage technical consultations are ongoing between the EU and Canada, and a final decision on the country's participation in the program has not yet been made.

### What Ukraine Will Gain from Canada's Participation

If the negotiations conclude successfully, Ukraine will gain new opportunities to purchase weapons and ammunition directly from Canadian defense manufacturers. Crucially, such purchases will not be subject to the "Made in Europe" requirement established for this loan program for the other participants. This significantly expands the arsenal of suppliers to which Kyiv can turn when placing defense orders.

### Financial Terms for Ottawa

Canada will be required to pay up to €3 billion in interest on the loan. The final amount of interest payments will depend on how actively Canadian companies use the program's opportunities to supply Ukraine. The specific terms of the country's participation are currently being finalized during technical consultations between the two sides.

### Structure of the EU Loan Program

The total volume of the loan is €90 billion, of which €60 billion is allocated for military aid to Ukraine and another €30 billion for budgetary support. In 2026, €28.3 billion is planned to be directed to defense needs, and €16.7 billion to support the Ukrainian budget. As previously reported, the loan is to be repaid from the income generated by frozen Russian assets held in European banks. Earlier, in July 2026, the European Union approved the United Kingdom's participation in this loan program after London met three key conditions set by the bloc.

### Broader Context: Canada's Status in the EU and Washington's Pressure

The loan program negotiations are taking place against the backdrop of a broader process of Canada's rapprochement with the European Union. It was previously reported that Ottawa is seeking a new format of interaction with the bloc, which may involve a special status for the country. Subsequently, it became known that the European Union intends to offer Canada the status of the bloc's first-ever associated member. Against this backdrop, US President Donald Trump threatened to impose tariffs on the EU if the alliance with Canada is "hostile" to the United States, adding geopolitical tension to the process of agreeing on the terms of participation.

## 🔍 Fact-Check Verification

- [Canada Wants to Join the €90 Billion Loan for Ukraine: What It Will Change](https://www.rbc.ua/ukr/news/kanada-hoche-doluchitisya-kreditu-ukrayini-1789847800.html) - Основной источник: заявление спикера ЕК Балажа Уйвари, технические консультации, условия для Украины и Канады, структура кредита 90 млрд евро, погашение из замороженных активов, контекст участия Великобритании и статуса ассоциированного члена.
- [Canada Wants to Join the EU's €90 Billion Loan for Ukraine](https://korrespondent.net/world/4913210-kanada-khochet-prysoedynytsia-k-kredytu-es-na-90-mlrd-dlia-ukrayny) - Подтверждает факт переговоров и основные параметры программы.
- [Canada Wants to Join the EU Loan for Ukraine Worth €90 Billion](https://theotherukraine.info/2026/09/14/kanada-hochet-prisoedinitsya-k-kreditu-es-dlya-ukrainy-na-90-mlrd-evro/) - Совпадает с основными фактами: сумма кредита, технические консультации, условия для закупок.
- [Fear of the US and Russophobia: Canada Intends to Invest in the EU Loan to Ukraine](https://ukraina.ru/20260914/strakh-pered-ssha-i-rusofobiya-kanada-namerena-vlozhitsya-v-kredit-es-ukraine-1083165884.html) - Подтверждает факт намерения Канады. Заголовок содержит интерпретацию мотивов, которая не является фактом и не включена в статью как утверждение.

## ❓ FAQ

### Q: What is the EU's €90 billion loan program for Ukraine?
**A:** It is a European Union loan program with a total volume of €90 billion, of which €60 billion is designated for military aid to Ukraine and €30 billion for budgetary support. The loan is to be repaid from the income generated by frozen Russian assets in European banks. In 2026, €28.3 billion will be directed to defense and €16.7 billion to the budget.

### Q: What will change for Ukraine if Canada joins the program?
**A:** Ukraine will be able to use the loan funds to purchase weapons and ammunition from Canadian defense manufacturers. In this case, such purchases will not be subject to the "Made in Europe" requirement, which expands the circle of possible suppliers.

### Q: How much will Canada pay on the loan?
**A:** Canada will have to pay up to €3 billion in interest on the loan. The final amount depends on how actively Canadian companies use the program's opportunities to supply Ukraine.

### Q: What EU status is being considered for Canada?
**A:** The European Union intends to offer Canada the status of the bloc's first-ever associated member. Negotiations on a new format of rapprochement are ongoing against the backdrop of technical consultations on the loan program.

### Q: How is the US reacting to the rapprochement between Canada and the EU?
**A:** US President Donald Trump threatened to impose tariffs on the EU if the alliance with Canada is "hostile" to the United States. This creates additional geopolitical pressure on the process of agreeing on the terms.