Opinion: Canada must lead on supporting Ukraine with Russia’s frozen assets

Opinion: Canada must lead on supporting Ukraine with Russia’s frozen assets

  • National Post
  • Apr 23rd, 2025

Open Letter: The next Canadian leader should set a powerful precedent against Russian aggression

Whoever wins Canada’s election next week will immediately face a decision with huge implications for global security and international law. At stake is the equivalent of US$300 billion of frozen Russian central bank reserves held in western currencies, C$22 billion of which is held in Canadian dollars. Given uncertainty among western allies, there’s no guarantee these assets will remain frozen.

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