In Background, Feature Articles, John Helmer, Ukraine

Canada announces second Ukraine loan of $200 as audit provisions dropped for $400 million in Canadian financing of military operations

By John Helmer, published on his website Dances With Bears, April 8, 2015

MOSCOW–The Canadian Government announced last week it is giving away another
C$200 million to Ukraine, topping the $200 million handed to Kiev last September.

Easter bunnyA spokesman for Foreign Minister Rob Nicholson concedes the money is not being audited as the announced loan agreements require. Nicholson, according to Johanna Quinney in Ottawa, doesn’t know whether the first $200 million has been spent through the Ukrainian budget on military operations in the civil war in the east, or against Russia. In signing for the money to fund the war, Nicholson, who is running for election in six months’ time in the Niagara Falls constituency near the US frontier, may be violating Canadian law, Ottawa sources say.

Nicholson took public credit for the official signing of the $200 million loan on March 27…

Read the full article, complete with photos and charts, at the weblink above.


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