Saudi rules out mediation in Canada row, mulls new measures

There were 327 Saudi students at Mc Gill University last year.					Marie France Coallier  Montreal Gazette

All Saudi patients in the country will be transferred to hospitals outside of Canada.

" It subsequently froze all new trade agreements with Canada and gave the Canadian ambassador to Riyadh 24 hours to leave".

Responding to a question about the reason for the activists' arrests, Jubeir said that charges against them would be made public once their cases reach the courts, repeating earlier allegations that they had been in touch with foreign entities.

Saudi Arabia's Foreign Ministry called the statement "a major, unacceptable affront to the kingdom's laws and judicial process". A few days later, Saudi Arabia announced the suspension of state airline flights to Canada and the withdrawal from Canadian universities of all Saudi students.

Without commenting directly on the economic impact of the dispute and whether the federal government is planning to assist anyone impacted by Saudi Arabia's measures, Trudeau said "obviously Canada will always stand up for our workers and our companies, we need to make sure that we're protecting Canadian interests in any situation".

The Financial Times reported Wednesday that Saudi officials have ordered the country's asset managers to sell off their Canadian assets "no matter the cost" - a clear sign the kingdom is willing to accept losses on the sales.

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"I will say Canada is very comfortable with our position", she told reporters.

All Saudi Arabian students now studying in Canada will be transferred to other countries. The selling began on Tuesday, it said.

Watch the Canadian dollar trade in real-time here.

Saudi media took a decidedly dark turn on Monday when it appeared to threaten Canada with a 9/11-style attack by tweeting a harshly worded infographic with an image of an airliner flying towards Toronto's skyline.

It was unclear how many Saudi patients would be affected by the decision and how many were covered by the kingdom's health care system.

The Canadian dollar was down by 0.2% against the United States dollar to 1.3096 at 8:59 a.m. ET.

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