Government of Canada
The Government of Canada is the federal executive authority of Canada, headed by the Prime Minister and the Cabinet. It is responsible for carrying out federal policy, administering public services, and representing Canada internationally. The Cabinet operates within the Westminster parliamentary system and is accountable to the House of Commons.
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Ukraine receives $841 million from World Bank under Canadian guarantees for pension payments
Ukraine has received $841 million in financing from the World Bank under guarantees from the Canadian government, with the funds directed to reimbursing state budget pension expenditures. The transfer was raised under the PEACE in Ukraine project, whose total volume has now reached $54.3 billion. Prime Minister Serhiy Koretsky announced the funding via Telegram and thanked Canada and the World Bank for timely assistance amid a significant budget deficit.