Live updates on the ‘all-out economic and financial war’ against Russia — via financialpost Russia Ukraine financialwar
Deputy Prime Minister Chrystia Freeland, seen here with Prime Minister Justin Trudeau, announced today that Canada will revoke nation status to Russia and Belarus.Deputy Prime Minister Chrystia Freeland just announced that Canada will revoke “most favoured nation” status to Russia and Belarus, meaning it will no longer receive WTO benefits such as low tariffs.
“We will not let Russians and Russian institutions that are central to President Putin’s fallen kleptocracy enjoy this prosperity.” “It was a decisive move,” Freeland said. “With regards to G7 countries, Canada has the loosest ties with Russia.”The minister of immigration, Sean Fraser, said Canada will welcome Ukrainians fleeing the Russian invasion.
Canada will enforce a measure called the Canada-Ukraine Authorization for Emergency Travel and there will be no limit on the number of applications so that Ukrainians fleeing can enter Canada and find work with an open work permit.Article content
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