Canada MPs to hold hearings on Russian titanium sanction waivers

2/5/2024 12:28

                Canadian legislators on Wednesday agreed to hold hearings into how major aerospace companies were granted exemptions from the country's sanctions on Russian titanium.
        
        Reuters reported last week that Airbus, Bombardier and Safran had all been allowed to sidestep sanctions imposed on Russia's state-backed VSMPO-AVISMA.
        
        Canada is the first Western government to ban Russian supplies of the strategic metal as part of a package to mark the second anniversary of Russia's Ukraine invasion in February.
        
        The 12-person foreign affairs committee of the House of Commons elected chamber said it would call the country's Minister of Foreign Affairs and other unspecified witnesses, after a proposal to have representatives of Bombardier and Airbus testify failed.
        
        The hearings are part of a study of waivers granting the use of Russian titanium in Canadian aerospace manufacturing.