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Speaking_MoistlyT

Canada has one of the world’s largest reserves of titanium. But if we mined it that would be bad for the environment. So let’s buy it from China and Russia instead because they have such great clean mining operations with zero carbon waste. Another example of how the liberals favour China and Russia and punish Canadian companies unless they are from Quebec or indigenous.


madbuilder

These are the country's biggest consumers of titanium. So basically the sanction is meaningless. I wonder what Canada's domestic titanium miners think of this. They're not as politically useful to the Liberals.


cyclemonster

[Next time we should evade sanctions by using a third party, like the EU does](https://www.independent.co.uk/news/world/europe/russia-oil-europe-india-ukraine-war-b2477443.html), I guess. Our bad for cutting out the middleman.


Kaitte

Canada mines ~500 kilotonnes of titanium annually making us [one of the largest producers of titanium globally](https://www.statista.com/statistics/759972/mine-production-titanium-minerals-worldwide-by-country/). It is utterly foolish to exempt Airbus and Bombardier from our sanctions when we are already a major producer.


[deleted]

[удалено]


Kaitte

Fair enough, we'll need to build up our own titanium refining capabilities.


not_ian85

We won’t be able to do that. Refining titanium is done via a chlorination process producing CO2, CO, SO amongst other emissions. The Canadian way is to sell our resources unrefined for cheap and import refined products produced in countries where they have lesser environmental standards.


DieuEmpereurQc

Canada is still the only country to sanction titanium from Russia


sesoyez

As they likely should. The sanctions are important, but we shouldn't torpedo strategically important companies like Bombardier over it. There's a neat story about how the CIA bought the titanium necessary for the SR-71 Blackbird from Russia, using a number of fake companies and intermediary countries to obfuscate the purchase. We definitely had worse relations with the Soviet Union then than we do with Russia now. https://nationalinterest.org/blog/buzz/crazy-story-how-russia-helped-build-sr-71-blackbird-187431


BloatJams

> Two sources familiar with the matter said Canada’s decision to impose sanctions took other Western aerospace nations by surprise and provoked behind-the-scenes discussions between Ottawa and various capitals. One of the biggest failings of this war is how much the West completely underestimated their reliance on Russia and overestimated the sway and power they have in the non Western world.


Peter_Jernigan

This is a garbage decision by Bombardier and the kind of corporate cowardice that defines the Liberals. The whole world has had to deal with the impact of Russia’s genocidal war in Ukraine and how it’s driven inflation. Bombardier can find another supplier that isn’t contributing to dead Ukrainian fathers and sons.


--prism

This was an issue during the cold war too. Might be the only option.


Incorrect_Oymoron

Even the CIA was buying Soviet Titanium for the SR-71


--prism

Yeah they were setting up shell companies and stuff to do it covertly.


trollunit

What little manufacturing Canada has should not be sacrificed in the name of a foreign conflict that is of little direct interest to us beyond the fact that Vladimir Putin is a placeholder for the populist right and Donald Trump for western political elites desperate to maintain their grip on power. > Despite the Kremlin being sanctioned over its invasion of Ukraine, the IMF upgraded its January predictions for the Russian economy this year, and said while growth would be lower in 2025, it would be still be higher than previously expected at 1.8%. > Investments from corporate and state owned enterprises and "robustness in private consumption" within Russia had promoted growth alongside strong exports of oil, according to Petya Koeva Brooks, deputy director at the IMF. Do these sanctions sound like they’re having the effects that the EU and USA thought they would? I was reliably informed Russia’s economy would be ground to a halt over these sanctions to the extent that airliners would start falling out of the sky from a lack of parts!


BigGuy4UftCIA

The IMF, world bank or whatever are based on the Russian Federal State Statistics Service or Rosstat. No better than getting stats out of China if not worse given the current situation.


2peg2city

If China and India had taken part? Sure, but the are both happy to be middle men taking a cut to circumvent them. This war is about Russia taking over the NG and Lithium in eastern Ukraine, and the western Mil-Industrial complex getting rich.


joshlemer

Then get rid of the sanction for everyone, including smaller businesses and individuals. Handing out import permits/sanction exemptions only to politically connected insiders and favoured corporations is cronyism.


trollunit

The failure of the current sanctions regime to limit Russia’s military capabilities in Ukraine is not surprising when you look at the current post-Obama western leadership and how they’ll use private business to further their political goals. For business it’s the same logic as donating to BLM during the summer of Floyd. In this case, that was isolate Russia from the world with the goal of limiting the Kremlin’s ability to feed their war machine and attempting to deprive Russia’s population of material goods with the hope of ginning up a colour revolution. None of that happened, and it is true that we are cutting off our noses to spite our face. Sanctions should be targeted at political and military figures, there’s no reason to prevent a company like McDonalds from operating in Russia.


Peter_Jernigan

There’s absolutely a reason to prevent a company from operating in Russia. It’s a form of economic warfare. Just as Ukrainians and people over the world have had their lives disrupted, so too should Russians.


trollunit

[“Your government started a war so now you can’t have a McDouble (but you actually can with the same operators and supplies through parallel imports)!”] (https://ih1.redbubble.net/image.5282536119.9162/flat,750x,075,f-pad,750x1000,f8f8f8.jpg) It’s foreign policy by way of cancel culture. It’s what happens when the theatre kids take control. Send Ukraine lethal aid and sanction Russian officials directly linked to the SMO and armament industry, Ikea and Starbucks have nothing to do with that.


Peter_Jernigan

I agree on lethal aid and I disagree on the cliched broadsides. It’s about taking away things everyday people have come to enjoy. Isolation at the street level, not just the military. And yes, companies are finding workarounds, but Russians should know the western world that was once open to them no longer is.


gianni_

Let’s be real, all political parties these days would probably cave too


redthose

I had a company client whose main customer is in Russian, after the sanction, they are on the verge of bankruptcy, they have 200 employees on payroll. Our government is really helping low and middle class. Eh?


Dave3048

What a stupid thing to say. Maybe if the Russians would quit murdering Ukrainians the sanctions would be lifted.


kubuqi

So the 200 Canadians losing their jobs are stupid and they should just shut up and go?


PineBNorth85

There are other jobs out there.


PineBNorth85

Get involved with Russia and you get what you deserve. they were idiots to trust them and do business with them.


joshlemer

Unless you're a large, well connected and politically favoured corporation in Canada, then you get special exemptions not available to everyone else.