As I mentioned earlier, Canada-Russia trade is relatively small and focused on a few commodities. I mentioned petroleum products, chemical products, iron ore and minerals. From that perspective, we can see that there is therefore a potential impact on certain commodities that are transported by vessels that are Russian-flagged or Russian-owned. From our perspective, just speaking to petroleum products, we're talking here about one of the largest commodities Canada imports from Russia. I also mentioned, of course, fertilizers.
That said, over the near to medium term, Canadian importers need to make sure that they're not contracting with operators or charterers of ships that are subject to the ban. I think the repeated communications around this provide Canadian importers with the foresight needed to organize their business dealings accordingly.