December 15th, 2024

Ukraine war: Two Montreal companies sanctioned by U.S. for alleged ties to Russia

By The Canadian Press on March 7, 2023.

A Canada Border Services Agency patch is seen on an officer in Calgary, Alta., Thursday, Aug. 1, 2019. The Canada Border Services Agency says it was part of an international effort that led to two Montreal-based companies being added to a United States sanctions list for their alleged ties to the Russian military. THE CANADIAN PRESS/Jeff McIntosh

MONTREAL – Canada Border Services Agency says it helped put two Montreal-based companies with alleged ties to the Russian military on a United States sanctions list.

The U.S. Department of Commerce last month added CPUNTO inc. and Electronic Network inc. to a list of entities subject to export controls.

Both companies are headquartered in the Montreal borough of St-Laurent and describe themselves online as sellers of electronic components.

The export controls bar them from exporting almost any item manufactured in the U.S., including intellectual property.

Canada’s border services says they are working closely with the U.S. government to restrict Russia’s access to products and technology needed for its war in Ukraine.

Neither CPUNTO inc. nor Electronic Network inc. have responded to a request for comment.

This report by The Canadian Press was first published Feb. 7, 2023.

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