A self-sustaining path to recovery for Ukraine

Now more than ever, Canada should encourage private sector investment for Ukraine’s recovery.

Ukrainian President Volodymyr Zelenskyy, left, and Prime Minister Mark Carney. Using money earned by sanctioned Russian assets instead of taxpayers’ dollars to support Ukraine is economically prudent, write Michael Cholod and Katherine Mulhern. Photograph courtesy of X

Opinion

BY MICHAEL CHOLOD, KATHERINE MULHERN

December 15, 2025

Ukraine stands at a critical moment in history. The NATO alliance is fraying. As Ukrainians fight to defend their sovereignty, the need for sustainable and long-term financial resources has never been greater. While allied government support has been crucial, it’s no longe...

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