Section: Canada
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Canada imposes new sanctions as Russia’s economy teeters
Canada is joining its allies in tightening the screws on Russian President Vladimir Putin, with new trade sanctions meant to put further pressure on Russia’s teetering economy. The new measures are in retaliation for Russia’s annexation of Crimea and its support for separatist rebels in eastern Ukraine. The measures target 20 Russians...
More Canadian sanctions against Russia
Russians face oil-sector sanctions, new travel restrictions, over Ukraine …read more Source:...
New C-17 transport plane purchase costing twice what other countries pay
Defence Minister Rob Nicholson says Canada will purchase another C-17 military transport aircraft from the U.S. but he didn’t explain why the plane appears to be costing taxpayers twice what other nations have paid. Nicholson said Friday that Canada would pay $415 million for the acquisition. Another $30 million would be spent for 12 years...
Russians face oil-sector sanctions, new travel restrictions, over Ukraine
OTTAWA – Canada is once again imposing new sanctions against Russia in response to its incursions into Ukraine.The latest sanctions target 20 Russian and Ukrainian individuals and include new export restrictions on technologies used in Russia’s oil sector.The sanctions against individuals involve freezing of assets and travel bans.But...
HMCS Fredericton preparing to head to Mediterranean Sea
The ship’s company of Her Majesty’s Canadian Ship (HMCS) Fredericton is preparing to deploy overseas to join the Standing NATO Maritime Forces in the Mediterranean Sea, the Department of National Defence noted in a news release issued today. The deployment is part of NATO measures to promote security and stability in central and...
Obama to finish up 2014 with year-end news conference
WATCH LIVE: U.S. President Barack Obama will give year-end news conference at 1:30 p.m. EST WASHINGTON – President Barack Obama will end his year in Washington with a news conference at which he’ll face questions on Cuba, the Sony hacking and how he will work with the Republican Congress. Obama’s dismal year is ending on an upbeat...
World markets feeling festive over U.S. Fed’s Christmas boost
It’s been a turbulent week around the world, between plunging oil prices, a swinging ruble, and signs from the U.S. Fed of an earlier than expected rate hike. There’s more where that came from this morning, as an early, Fed-fuelled “Santa Rally” continues in Asia and Europe, and the ruble vacillates in the wake of a combative annual...
Why it’s so hard to know when oil will bounce back: Don Pittis
From Russian political stability to the value of Canada’s oil sands companies, there is a lot riding on the price of oil. But economic analysts are proposing very different views on whether, when and how much the price of oil will rise, Don Pittis says. …read more Source:...
![35 tragic photos from the Malaysia Airlines disasters
[Photos]](https://press.uaposition.com/wp-content/uploads/2014/07/Toronto-sun-240x240.jpg)
35 tragic photos from the Malaysia Airlines disasters [Photos]
Tragedy struck Malaysia Airlines twice in 2014, with the disappearance of flight MH370 in March and flight MH17 being shot down over eastern Ukraine in July. These photos captured the devastation and the heartache of those affected. …read more Source: The Toronto...
Defence Minister Rob Nicholson in Trenton to make announcement Friday…another C-17 perhaps?
Defence Minister Rob Nicholson is heading to CFB Trenton Friday morning to will an announcement. “The announcement will be followed by a media photo opportunity,” says the Department of National Defence. It will all be taking place in Hanger 1 at the base. Some have suggested more non-lethal gear for Ukraine while others suggest it will be the...
