OTTAWA – Canada is experiencing indirect economic fallout from the sanctions it and other countries have imposed against Russia, federal Finance Minister Joe Oliver acknowledged Tuesday.Western European countries that do business with Canada are feeling the negative impact of economic sanctions, which have also been imposed by the U.S. and Europe, Oliver said.That, in turn, reaches across the Atlantic because when growth in Europe slows, it also affects Canadian trade, headded.”I think most European countries would acknowledge there has been some economic impact on Europe from these sanctions,” Oliver said after a committee hearing.”The impact is a little more indirect, …read more
Source: National Newswatch
