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

Mar 7, 2023 | 9:39 AM

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.