Russian firm escalates dispute with Canada over seized cargo plane

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Russian firm escalates dispute with Canada over seized cargo plane
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Volga-Dnepr Airlines served notice Monday of its intent to initiate a formal dispute with the Canadian government over Ottawa's seizure of an Antonov-124 cargo plane that's been parked at Pearson airport ever since Russia launched its full-scale invasion of Ukraine 18 months ago.

between the Russian Federation and Canada. At the time, then-prime minister Brian Mulroney and then-Soviet president Mikhail Gorbachev were taking early steps toward a new economic relationship that would enable trade and protect the rights of corporations acting abroad.

and could theoretically return it to service for its new owner once Canada's asset seizure and transfer process is complete.The federal government must initiate a Federal Court proceeding and offer due process to the owner of any assets it moves to seize. This process has yet to unfold — which is why those driving past Toronto's airport have seen this massive plane parked for months.

Prime Minister Justin Trudeau and Ukrainian Prime Minister Denys Shmyhal take part in a joint news conference at the Royal York hotel in Toronto on April 11.

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