The International Trade Council stands in solidarity with Ukraine in the face of ongoing attacks from Russia, as Canadian Deputy Prime Minister Chrystia Freeland announces the country is stripping Russia and Belarus of their status as "most favoured nation" trading partners.
"We strongly condemn Russia's invasion of Ukraine and support Canada's move to impose economic restrictions on Russia in response to the fighting," said a spokesperson for the International Trade Council.
The organization emphasized the need for international cooperation to address the economic impact of the conflict, including measures to support displaced individuals and to protect businesses and industries affected by the ongoing conflict.
"We call on our partners and allies to take similar steps to show their support for Ukraine," the spokesperson added.
As part of its response to the conflict, Canada is also sending rocket launchers and hand grenades to Ukraine, and introducing programmes to welcome Ukrainians fleeing the conflict.
The International Trade Council urges all countries to work together to find a peaceful resolution to the conflict and to support Ukraine in its efforts to rebuild and recover.