baltic birch plywood

Canadian News

Canada pledges $115M to Ukraine from tariffs on Russian and Belarus plywood and more

OTTAWA, Ontario – Canada will transfer $115 million in tariff revenues collected on imports from Russia and Belarus to help Ukraine repair its power grid damaged in a barrage of Russian attacks. Canada revoked the Most-Favored-Nation (MFN) status for imports from Russia and Belarus on March 2 and imposed import tariffs of 35 percent on virtually all goods. Freeland’s office noted that the major sources of the tariff revenues were collected on plywood, fertilizer, nickel and tires.