Prime Minister Mark Carney announced a $207 million investment in international assistance during his speech at the 80th United Nations General Assembly, reinforcing Canada’s commitment to global leadership in nutrition, climate action, and biodiversity.
Meanwhile, 35% of Canadians report being insolvent—meaning they end the month with no money left to cover all bills and debt payments. This is up from 28% in late 2024.
Carney's spending, detailed in an official Prime Minister’s Office release, targets pressing global issues through targeted allocations. The largest portion, $92 million, will support climate change mitigation and adaptation, funding renewable energy transitions and disaster resilience projects in vulnerable regions, including small island states.
Another $75 million is dedicated to global children’s nutrition, enhancing access to nutritious food and supporting UN World Food Programme efforts to combat child malnutrition in crisis-affected countries.
The remaining $40 million will bolster biodiversity protection, aligning with the UN Convention on Biological Diversity to conserve ecosystems and endangered species under the Kunming-Montreal Framework.
Carney’s announcement, made alongside discussions on trade, energy, and security, builds on Canada’s recent commitments, including $2 billion in military aid to Ukraine in August 2025 and $60 million for Haiti’s stabilization.
“Canada is stepping up to address interconnected global challenges,” Carney said, emphasizing multilateral cooperation. The funding reflects Canada’s Feminist International Assistance Policy and UN Sustainable Development Goals, aiming to deliver tangible impacts for vulnerable populations and ecosystems.
In 2022, the Financial Post reported Carney as saying fiscal discipline is "imperative" to combat global inflation.