Canada is imposing additional sanctions on Russia. The restrictions cover 38 organisations and 24 individuals.
Canada’s Foreign Minister Anita Anand announced this on 9 November on the sidelines of a meeting of G7 foreign ministers in Paris, the government said in a press release.
The new restrictions are intended to weaken Russia’s military capabilities. The sanctions apply to defence-industrial enterprises, those involved in developing ballistic missile technologies, and individuals linked to Russia’s cyber activities.
Canada is also stepping up economic pressure on Russia through sanctions against financial entities, including cryptocurrency exchanges that help sustain Russia’s wartime economy.
According to Anita Anand, the sanctions are meant to limit Vladimir Putin’s ability to carry out missile strikes on Ukrainian cities.
"Canada is taking action to undermine Putin’s ability to carry out missile strikes on Ukrainian cities. We remain steadfast in our support for Ukraine and will continue to impose restrictions on Russia until it ends its aggression and respects Ukraine’s sovereignty and territorial integrity," Anand said.
Since 2014, Canada has imposed sanctions on more than 3,500 individuals and legal entities, as well as more than 700 vessels involved in violating Ukraine’s sovereignty and territorial integrity and in systematic human rights abuses.
- Earlier, Canada’s Prime Minister Mark Carney announced €500 million in aid for Ukraine, which will be directed towards implementing an EU-planned loan for Ukraine worth €90 billion.