National News

Restrictions on technologies used in Russia’s oil exploration and extractive sector

Canada, along with its allies, is committed to putting pressure on the Russian economy with a view to pressing the Putin regime to cease undermining the territorial integrity, sovereignty and independence of Ukraine.

To this end, on December 19, 2014, Prime Minister Stephen Harper announced that Canada will introduce restrictions on the export of technology in relation to Arctic, deep water and shale oil explorations and extraction to Russia. These actions complement similar measures being undertaken by the European Union and the United States.