Backing a 30-year energy pact with Ukraine makes strategic sense for Canada. It locks in a reliable customer for decades, providing stable revenue for Canadian energy companies and jobs for workers. The deal strengthens Canada's geopolitical role as a dependable energy supplier to allies, countering Russian influence in global markets. For Ukraine, it ensures access to critical fuels needed to rebuild its power grid and maintain industrial output. Canadian technology for nuclear reactors could also enhance safety standards. The pact fosters closer diplomatic and economic ties with a nation fighting for democratic values. Given the volatility in global energy markets, long-term agreements offer predictability for both investors and governments. Moreover, Canada has a responsibility to support its allies, and this pact fulfills that moral and strategic duty. While shipping and infrastructure upgrades require investment, the benefits of energy security and alliance-building outweigh the costs.
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Supporting Ukraine's energy pact with Canada – a strategic win for both nations
Published July 28, 2026 at 8:32 AM UTC