Canadian Government what are you doing?!?!?!I understand that Russia has gone too far and that sanctions must apply.
Trudeau is putting together an emergency plan for economic sanctions against Russia, but why is he not putting together an emergency plan to help strategic Canadian mining companies so that they can speed up their commissioning to increase the supply of metals that will no longer be purchased from Russia???
Trudeau, do you need an economics lesson? Even though Canada does not buy copper, nickel or palladium from Russia, the European countries supplied themselves from Russia and therefore they will have to supply themselves elsewhere, but the supply not being present, the prices explode. There is no discrimination for contracts whether you are Canadian or European the price of copper, nickel and palladium remains the same!!!
Several European leaders have said to prepare that we are in a new situation and that it will be long. I admit that this does not mean much, but what I understand is that everything will cost more.
Even if it takes a few months, Canada could help the commodity market by investing in projects to increase supply and thus lower prices. No anticipation from the Canadian government, just reaction!!! Trudeau you are quick to sign sanctions, but immobile on exploding commodity prices and increasing supply to help the economy return to some semblance of normalcy!!!
We are talking about sanctions that will be applied to Russia for several years, so wake up Trudeau and exploit the resources we have instead of watching the price charts go up and tell us that it is going up!!!