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Canadian firms hurt by Ukraine crisis – exports to Russia plummet as Moscow strikes back against Canadian sanctions


Canadian exporters stung by Russia’s currency crisis and its retaliatory sanctions against the West wonder what 2015 will hold for a market filled with promise less than 12 months ago, writes Andy Blatchford of the Canadian Press.
Here is the rest of Andy Blatchford’s article:
Companies from farm-equipment manufacturers to pork producers spent much of 2014 adjusting to the economic instability in Russia, a country that bought $563-million worth of Canada’s agricultural exports in 2012.
For some firms, the first-half of 2014 had the hallmark of a banner year – and then sales evaporated.
A senior executive for one of Canada’s biggest exporters to …read more

Source: Ottawa Citizen

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