Canada has added 38 entities and 24 individuals to its Russia sanctions programme, targeting missile technology, cyber activity and financial channels that Ottawa says support Russia’s war economy.
Foreign Affairs Minister Anita Anand announced the measures on Monday during a G7 foreign ministers’ meeting in Paris. The listings were made under the Special Economic Measures (Russia) Regulations and include parts of Russia’s defence industrial base as well as financial enablers, among them cryptocurrency exchanges.
A listing generally bars persons in Canada and Canadians abroad from dealing in the target’s property, entering into transactions with it, providing financial or related services, or making goods available, subject to the regulations and any permit. The legal consequences arise from the regulation, not from the political announcement alone.
Global Affairs Canada said the package is intended to constrain Russia’s capacity to develop and sustain ballistic-missile and cyber capabilities and to make sanctions-evasion networks more costly. The government did not allege that every listed person performs the same role; the designations cover several parts of the military and financial support system.
The consolidated regulations page had not yet incorporated Monday’s amendment when checked, so the announcement supplies the current total while the formal list is brought up to date.
Official Global Affairs Canada announcement
