Canadians will be able to buy bonds to support Ukraine, prime minister says

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Canadians will be able to buy bonds to support Ukraine, prime minister says
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Ottawa is not setting a limit, for now, on how much money might be raised through the bonds. It will also open up the bonds to other countries. canada politics cdnpoli

Prime Minister Justin Trudeau announced the measures Friday at the opening of a three-day national gathering of the Ukrainian Canadian Congress, where he and others denounced Russia’s invasion of Ukraine.We deliver the local news you need in these turbulent times on weekdays at 3 p.m.By clicking on the sign up button you consent to receive the above newsletter from Postmedia Network Inc. You may unsubscribe any time by clicking on the unsubscribe link at the bottom of our emails.

“These bonds are issued by Canada, but they can be bought by non-Canadian financial institutions,” Finance Minister Chrystia Freeland said. Trudeau said the 35 Russians that are being added to Canada’s sanction list include people involved in Russia’s state-owned energy company, Gazprom.Advertisement 4Conservative defence critic James Bezan called on the Liberal government to provide more military equipment to Ukraine. Canada has already supplied items, including 39 armoured combat support vehicles, but Bezan said more is needed.

Premier Heather Stefanson said Manitoba is happy to have welcomed almost 12,000 Ukrainians since the Russian invasion began in February. But she said the province needs federal money to help pay for housing, health care, education and other needs of the new arrivals.

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