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Decentralized Democracy

House Hansard - 292

44th Parl. 1st Sess.
March 20, 2024 02:00PM
  • Mar/20/24 9:23:27 p.m.
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Madam Chair, I want to commend the government for concluding this agreement with Ukraine. My question is on reconstruction. The former secretary of the treasury Larry Summers, along with others, has advocated for the repurposing of some $300 billion U.S. in seized Russian assets, which are mostly being held in democracies in North America and Europe to be used for the reconstruction of Ukraine in a type of Marshall 2.0 plan. I am wondering what measures, initiatives and discussions the Government of Canada has undertaken in Washington, London and the European Union, and at the European Commission, about this proposal.
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  • Mar/20/24 9:24:11 p.m.
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Madam Chair, indeed, those conversations are absolutely taking place. We share that view, certainly with our G7 colleagues and others, that part of this effort should absolutely include those assets of Russia and using them in the reconstruction efforts. I would say that discussions have taken place and work is under way. It will continue. As I spoke about earlier, I just attended a reception with a number of Ukrainian Canadians, including the ambassador to Ukraine. It was really terrific to hear of and celebrate the agreement receiving royal assent. This is work that we are going to continue to do. I think members have heard us say on the government side that we will be there with Ukraine, standing in support of Ukraine until such time as Ukraine is able to win.
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