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sa国际传媒 bans Russian steel, aluminum imports as part of sanctions regime

OTTAWA 鈥� sa国际传媒 is banning the import of Russian steel and aluminum as part of its sanctions regime. Deputy Prime Minister Chrystia Freeland says this will help undermine Moscow's ongoing invasion of Ukraine.
Canadian Press
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Minister of Finance and Deputy Prime Minister Chrystia Freeland appears as a witness at a Senate committee on national finance in Ottawa on Wednesday, Dec. 7, 2022. sa国际传媒 is banning the import of Russian steel and aluminum as part of its sanctions regime. THE CANADIAN PRESS/Sean Kilpatrick

OTTAWA — sa国际传媒 is banning the import of Russian steel and aluminum as part of its sanctions regime.

Deputy Prime Minister Chrystia Freeland says this will help undermine Moscow's ongoing invasion of Ukraine.

The Department of Industry says sa国际传媒 imported $208 million in steel products from Russia in 2021 and $79 million last year.

sa国际传媒 also imported $44 million in aluminum from Russia in 2021, followed by $16 million last year.

Russia's trade with sa国际传媒 plummeted in the first 10 months after Moscow's invasion of Ukraine a year ago, with a 78 per cent per cent drop in exports from the same period one year prior.

Ottawa's economic measures already bar the export of everything from forklifts to barbers' chairs, unless Canadian businesses convince the Liberal cabinet to issue exemptions.

This report by The Canadian Press was first published March 10, 2023.

The Canadian Press