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  Published August 24, 2026 · Canadian Money Brief A new survey from Equifax Canada puts a hard number on something a lot of us have felt creeping up all year: credit cards are doing more of the heavy lifting in Canadian budgets, and fewer people are paying them off. Of more than 1,500 Canadians surveyed, a quarter said they expect to make only the minimum monthly payment on their credit card, and another 7% think they'll fall behind entirely. That leaves just over half — 56% — who expect to pay their balance in full each month. The survey also found that 40% of respondents are spending more overall than they were a year ago, more than double the 18% who say they're spending less. Nearly 3 in 10 said they're leaning more heavily on credit cards to cover essentials like groceries and utilities, and close to a quarter are dipping into savings to keep up with everyday costs. More than a third have cut back on contributions to savings, investments, or education funds to make ro...
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Canada Commits $235 Million in New Aid to Ukraine at NATO Summit

 

Foreign Affairs Minister Anita Anand speaks with the media as she arrives for a meeting of NATO foreign ministers in Brussels on Wednesday. 


Canada has announced a significant new package of support for Ukraine, pledging $235 million in funding during meetings of NATO ministers in Brussels and The Hague. The announcement was made by National Defence Minister David McGuinty and Foreign Affairs Minister Anita Anand, underscoring Canada’s ongoing commitment to Ukraine’s defense against Russia’s war of aggression.

Key Details of the Announcement

  • $200 million will go toward NATO’s Prioritised Ukraine Requirements List (PURL), a package of critical military capabilities sourced from the United States and valued at approximately USD $500 million. These capabilities were specifically identified by Ukraine as urgent needs to strengthen its defense.
  • An additional $35 million will support NATO’s Comprehensive Assistance Package for Ukraine, which provides medical supplies, personal protective equipment, and other essential resources.
  • The funding was unveiled alongside Prime Minister Mark Carney at the closing of the NATO Summit in The Hague, highlighting Canada’s role as a reliable ally within NATO.

Broader Context

This latest commitment builds on Canada’s extensive military and financial support for Ukraine since the start of Russia’s full-scale invasion. By working closely with NATO allies, Canada aims to ensure Ukraine receives both immediate battlefield assistance and long-term resilience support.

Minister McGuinty emphasized that Canada’s contribution is part of a collective NATO effort to deliver the equipment Ukraine urgently requires. Minister Anand added that the assistance package reflects Canada’s dedication to supporting Ukraine’s sovereignty and the rules-based international order.

Conclusion

Canada’s pledge of more than $200 million demonstrates its continued leadership within NATO and its steadfast support for Ukraine. As the war continues, this funding represents both a practical military boost and a symbolic reaffirmation of Canada’s commitment to Ukraine’s freedom and security.

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