Canada will spend more than $1.1 billion on humanitarian and development assistance to help bring stability to crisis-stricken Syria and Iraq, Canadian Foreign Affairs Minister Stephane Dion told reporters.
"Over the next three years, we [Canada] are committed to investing approximately 1.6 billion [Canadian] dollars to respond to the crisis in Iraq and Syria and to address the impact on Jordan, Lebanon and the wider region," Dion stated on Monday.
Dion explained that the plan will comprise of urgent humanitarian aid, long-term development and support for local governance designed to achieve stability in the region.
On Monday, Canada's Defense Minister Harjit Sajjan said Ottawa would finish conducting airstrikes against the Islamic State, which is also known as Daesh, within the next two weeks.
Canadian Prime Minister Justin Trudeau told reporters that Ottawa would continue supporting the US-led coalition against Daesh with aircraft for refuelling and surveillance purposes.
Canada is a member of the coalition that has been launching airstrikes against Daesh in Syria and Iraq since 2014.