G7 summit: Trudeau announces more financial aid for Ukraine, sanctions on Russia

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Global News published this video item, entitled “G7 summit: Trudeau announces more financial aid for Ukraine, sanctions on Russia” – below is their description.

As the G7 summit wraps up in Bavaria’s Schloss Elmau in Germany on Tuesday, member countries are announcing new supports for Ukraine — including Canada.

Prime Minister Trudeau announced more than $350 million of financial support for Ukraine. Canada also plans to sanction individuals and import bans targeting Russia’s attempts to sell gold on international markets.

Ukrainian President Volodymyr Zelenskyy made a virtual appearance the day before, taking part in a closed-door discussion on topics ranging from war strategy to reconstruction, and calling for more support from G7 leaders for aid and military equipment.

German Chancellor Olaf Scholz plans to make an official visit to Canada in August to discuss potential natural gas partnerships in place of dependence on Russian oil. David Akin reports.

For more info, please go to https://globalnews.ca/news/8952335/canada-ukraine-aid-loans-g7-summit/

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In This Story: Canada

Canada is a country in the northern part of North America. It extends from the Atlantic to the Pacific and northward into the Arctic Ocean, covering 9.98 million square kilometres (3.85 million square miles), making it the world’s second-largest country by total area.

Its southern and western border with the United States, stretching 8,891 kilometres (5,525 mi), is the world’s longest bi-national land border. Canada’s capital is Ottawa, and its three largest metropolitan areas are Toronto, Montreal, and Vancouver.

Various Indigenous peoples inhabited what is now Canada for thousands of years before European colonization. The Canada Act 1982, which severed the vestiges of legal dependence on the British Parliament. Canada is a parliamentary democracy and a constitutional monarchy in the Westminster tradition, with a monarch and a prime minister who serves as the chair of the Cabinet and head of government.

As a highly developed country, Canada has the seventeenth-highest nominal per-capita income globally as well as the thirteenth-highest ranking in the Human Development Index. Its advanced economy is the tenth-largest in the world, relying chiefly upon its abundant natural resources and well-developed international trade networks.

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Germany is a federal parliamentary republic led by a chancellor. With over 83 million inhabitants of its 16 constituent states, it is the second-most populous country in Europe after Russia, as well as the most populous member state of the European Union. Its capital and largest city is Berlin, and its financial centre is Frankfurt; the largest urban area is the Ruhr.

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