Canada's new sanctions targeting Russia could hurt Canada's economy as well, Freeland says

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Canada will hit Russia with more sanctions and economic policies designed to undermine Russian President Vladimir Putin’s ability to wage war — and some of those moves might end up hurting Canada’s economy, Finance Minister Chrystia Freeland said Tuesday.

Freeland made those remarks Tuesday afternoon after meeting with the finance ministers of the other G7 nations and the Ukrainian finance minister to discuss measures to punish Russia for its invasion of Ukraine.

“Tariffs and retaliation and sanctions are the most effective when you can devise policies that have the maximum impact on the counter party whose attention you are seeking to get, and do

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Reading: Canada's new sanctions targeting Russia could hurt Canada's economy as well, Freeland says

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