In this Oct. 10, 2018, file photo, people hold signs during a protest at the Embassy of Saudi Arabia about the disappearance of Saudi journalist Jamal Khashoggi, in Washington. Saudi Arabia’s financial clout among the Arab media has given it an influential tool as it grapples with the international outcry first over the disappearance and later the death of Saudi writer Jamal Khashoggi. (Jacquelyn Martin/AP Photo)

Penalty for cancelling Saudi arms contract ‘in the billions’: Trudeau

The Trudeau government has been under pressure to cancel the contract since the brutal murder of journalist Jamal Khashoggi

Justin Trudeau says the penalty for cancelling Canada’s arms deal with Saudi Arabia could be “in the billions of dollars.”

The exact price tag has been in question since the prime minister first mentioned penalties of as much as $1 billion earlier this week.

Trudeau says he can’t be precise because the contract — signed by the previous Conservative government of Stephen Harper — includes a requirement of “total confidentiality.”

READ MORE: Changing story again, Saudi Arabia says killing was planned

The Trudeau government has been under pressure to cancel the contract since the brutal murder of journalist Jamal Khashoggi in the Saudi consulate in Istanbul on Oct. 2.

Trudeau says his government is actively reviewing export permits to Saudi Arabia, which it has suspended temporarily in the past.

While suspending export permits falls short of outright cancellation of the contract, Trudeau says it would provide a lever for Canada to increase pressure on the desert kingdom to come clean on what happened to Khashoggi.

The Canadian Press

Like us on Facebook and follow us on Twitter.

Just Posted

Cowichan men face ordered to pay thousands in fines following deer meat sting

The incidents happened years ago but sentencing was recently concluded.

Accused pleads not guilty as Trial opens in 2016 Chemainus murder

Colin John quietly entered not guilty pleas to both charges.

RCMP’s North Cowichan/Duncan detachment officers overwhelmed with accolades

“There is really some amazing work being done here in the Cowichan Valley”

Trial opens for accused in 2016 Chemainus murder

“I was soaked in blood from the neck down”: witness

VIDEO: Two officers of B.C. Legislature escorted out amid investigation

Clerk of the House Craig James, Sergeant-at-arms Gary Lenz on administrative leave

Awards will recognize business excellence on Vancouver Island

Nomination period begins for Vancouver Island Business Excellence Awards

Late 2019 too long to wait for ridesharing: B.C. Conservatives

“While the rest of the world is embracing this transportation revolution, B.C. is only now staggering slowly toward legislation on a business model that’s been mainstreamed for over a decade in other jurisdictions.”

Police aim to prevent retaliation after Hells Angel found dead under B.C. bridge

IHIT confirms Chad Wilson, 43, was the victim of a ‘targeted’ homicide

ICBC warns shoppers of the high-accident season at mall parking lots

Over 150,000 accidents happened during the holiday season last year

No deal in sight: Canada Post warns of delivery delays into January

Union holds fifth week of rotating strikes as both sides remain apart on contract negotiations

COLUMN: Higher interest rates will slow B.C. economy after ‘unusually robust’ show

Jock Finlayson is executive vice president and chief policy officer of the Business Council of BC

Jason Aldean, Old Dominion to headline Merritt’s Rockin’ River concerts next summer

Four-day music festival at Coldwater River from Aug. 1 to 4

Police looking into two more incidents at private Toronto all-boys’ school

Police and the school have said two of the prior incidents involved an alleged sexual assault

Most Read