What is currently referred to as the G7 is an outdated structure,' Moscow's ambassador to Canada wrote on social media. Author of the article: You can save this article by registering for free here.

A new idea has emerged in G7 capitals in recent years — using the cash in frozen Russian accounts, or interest earned on those accounts, to help fund Ukraine's defence.

Canada will send $5 billion in aid to Ukraine using funds from seized Russian assets, Prime Minister Justin Trudeau said Monday at a peace and security summit in Kyiv.