Despite the efforts of OPEC+ and other oil producers, both Russia and Canada struggle to cut down oil production while keeping the energy sector stable in the face of a growing global pandemic. Canadian oil…
Amid the Russian-Saudi oil price war, Canadian companies are among the most affected of the oil producing nations Canadian oil prices dropped to $5 per barrel in early April, a worst-case scenario for energy exporters.The…
Hope for re-launch According to materials of the Interdepartmental Commission published on April 18, 2019, the Russian airline Nordwind applied to the Federal Air Transport Agency of the Russian Federation for a permit to conduct…
Production in Russia is cheaper In Rostov-on-Don, Russia, Rostselmash is launching localization of their four-wheel drive tractors which are currently manufactured in Winnipeg, Manitoba.The core manufacturing site of Rostselmash plans to establish production of their Canadian Versatile 4WD…
US and Canada reunite against close economic ties between Russia and Germany In solidarity with Trump’s accusations of Germany, being controlled by Russia through oil and gas cooperation, in the course of NATO Summit in…