3 result(s) for “Sanctions”
Canada on October 22, 2026 issued a formal 15 day demand to Cleveland-Cliffs over planned layoffs at Stelco in Hamilton, warning sanctions up to forced divestiture under the Investment Canada Act as Ottawa weighs options to protect jobs as U.S. tariffs squeeze the domestic steel market.
Sherritt International said on October 20, 2026 that the United States Treasury granted a narrowly tailored OFAC license allowing fuel shipments to its Moa nickel mine in Cuba, a step that could enable restart of material processing at its Alberta refinery but leaves financing and further U.S. approvals unresolved.
On October 11, 2026, Prime Minister Mark Carney told the U.S. president Canada supports an announced agreement to halt strikes on energy infrastructure in Ukraine, and Ottawa said it will increase oil and diesel exports to the United States as allies weigh the plan.