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Zelensky appealed to Parliament for more help. What can Canada offer?

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Zelensky appealed to Parliament for more help. What can Canada offer?

Its consequences would be unimaginable, writes Max. Even a single nuclear attack by Russia “could set off a tit-for-tat exchange that, by advancing strategic weapons such as intercontinental missiles, could kill 34 million people in a matter of hours.”

[Read: As Russia Digs In, What’s the Risk of Nuclear War? ‘It’s Not Zero.’]

The Canadian and federal governments, of course, were quick to offer Ukraine other forms of support. As of Friday morning, Canadians had donated 82 million Canadian dollars to the Canadian Red Cross for relief — an amount that doesn’t count toward the federal government’s matching donation of 30 million Canadian dollars.

The Canadian government is also taking steps to ease immigration procedures for Ukrainians. This week, officials launched an accelerated digital application process that would allow Ukrainians to work in Canada for up to three years. (Some immigration policy experts noted the difference between this new system and the slower, more cumbersome process for Afghan refugees looking to settle here permanently.)

As the war progresses, it seems likely that the Ukrainians will need additional assistance. And as Canada ponders how to aid them, it’s worth remembering a potentially strange reality: Canada is likely to benefit indirectly from Russia’s isolation of the West in many ways.

While trade between Canada and Russia is not extensive, the countries compete for a wide range of resources in world markets, including grain, timber and other forestry products, potash for fertilizers, nickel and other minerals and perhaps, above all, Includes oil and gas. Ukraine is also a major exporter of wheat and other cereals.

See also  Your Wednesday briefing: EU leaders visit Kyiv

The impact of more than three weeks of war has been not so much for Canada to create new markets as it has in some cases to sharply increase the prices of commodities.

In Alberta, years of low prices had slowed the economy and battered provincial government finances, oil prices began to rise before the invasion. But moves to lock Russia, one of the world’s top three oil producers, from global energy markets have only added to further price pressures. Clifford Cross, a Times Energy reporter and a former Toronto correspondent, wrote that, throughout history, “there have been few comparable disruptions in the oil supply.”

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