Sanctions on Canadian-founded Streit Group "too little, too late,” expert says

By Global News

Community Score: 50% | 4.0K views | 3w

0 community ratings: null thumbs up, null thumbs down

Founded by a Russian-Canadian and launched in a strip mall north of Toronto, the Streit Group has grown into one of the world's largest armoured vehicle manufacturers. While that may seem like a rags-to-riches story, there's a very dark side. Investigated by the United Nations, sanctioned by the European Union, and fined millions of dollars by the U.S. Commerce Department, Streit vehicles have been linked to Russia's war against Ukraine, used by rebel groups in civil wars around the world and the company is accused of illegally shipping armoured vehicles to Libya. Ottawa has now placed sanctions on the Streit Group, but as experts told The West Block, it's too little too late. For more info, please go to https://globalnews.ca/news/12048615/canadian-goutorov-streit-group-sanctions/ Subscribe to Global News Channel HERE: http://bit.ly/20fcXDc Follow Global News on X HERE: http://bit.ly/1Toz8mt Follow Global News on TikTok HERE: https://www.tiktok.com/@globalnews.ca?lang=en #thewes

Tags: global news, The Streit Group, Gherman Goutorov, armoured vehicles, Streit Group sanctions, Russia-Ukraine war, Ukraine war, Russian military, Goutorov, Canada sanctions

More from Global News

  • Global National: Feb. 28, 2026 | US, Israel launch strikes against Iran — Score: 50%
  • Hillary Clinton slaps table after learning of leaked Epstein deposition photo #epsteinfiles #clinton — Score: 50%
  • “Out of National Geographic”: Sea lions take over BC beach — Score: 50%
  • War, airstrikes leave Canadians stranded in Middle East — Score: 50%
  • Carney silent on Indian interference questions, says little about Iran attack — Score: 50%
  • Trump outlines goals of military action in Iran — Score: 50%