Two Canadian companies were subject to US sanctions for their cooperation with Russia

The list of entities recently targeted by US sanctions for allegedly supporting Russian military aggression against Ukraine includes two Canadian companies, US and Canadian authorities announced on Monday.
Two Montreal-based electronics importers, Cpunto Inc and Electronic Network Inc, have been listed for “acts contrary to the national security interests or foreign policy of the United States” and subject to U.S. restrictions at the export, according to the Commerce Department.
The US government on Thursday urged companies to implement Russia-related sanctions imposed after Moscow’s invasion of Ukraine, warning that failure to do so could result in prosecution or enforcement action.
The Commerce Department recently imposed export restrictions on nearly 90 companies from Russia and third countries and banned them from buying goods such as semiconductors.
The Canada Border Services Agency said the two sanctioned companies had been identified as part of a “global effort” to support Russia and that Ottawa was working with the US Bureau of Industry and Security to limit Russia’s access to technology.
The Commerce Ministry list does not mention exactly what the two companies sent or attempted to send to Russia.
Alexander Ermukov, director of Cpunto, told CBC News that his company takes the matter “very seriously because we have always acted in good faith, with no intention of deceiving, cheating or acting maliciously in any way. it would be”. He added that the company intended to continue working to address concerns, but could not comment on specifics yet.
Representatives for the two companies have not yet responded to a Reuters request for comment.