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Canada Targets Russia Energy Industry With More Sanctions

Canada on July 9 announced more sanctions against Russia due to its war in Ukraine, including new restrictions on Russia’s oil, gas and chemical sectors. Canada will ban Canadians from providing certain services that contribute to the “production of goods…

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made by these sectors,” the country said, including restrictions on land and pipeline transport services and activities relating to the manufacturing of metals, transport, computer, electronic and electrical equipment. Canadian companies will have 60 days from the day the sanctions take effect to end contracts with the affected Russian industries.