Canada expands targeted sanctions

In July and August of 2023, the Government of Canada made several amendments to its Special Economic Measures (Russia) Regulations, resulting in the addition of a total of 59 individuals and 57 entities from the Russian Federation to its list of sanctioned entities. These targeted individuals and entities have affiliations with various sectors, including the Russian military-industrial complex, private military companies, nuclear and financial sectors, and the judiciary.

Similarly, on June 8, 2023, the Special Economic Measures (Ukraine) Regulations underwent amendments, leading to the inclusion of 24 additional individuals and 17 entities.

• Type:

  • Entry and establishment (Approval and admission)

• Industry:

  • Not industry specific

• Sources:

  • Government of Canada, Canada announces additional sanctions against Russia’s military and nuclear sectors, https://www.canada.ca/en/global-affairs/news/2023/08/canada-announces-additional-sanctions-against-russias-military-and-nuclear-sectors.html, 23 Aug 2023
  • Government of Canada, Canadian Sanctions Related to Russia, https://www.international.gc.ca/world-monde/international_relations-relations_internationales/sanctions/russia-russie.aspx?lang=eng, 23 Aug 2023
  • Government of Canada, Minister Joly announces additional sanctions against Russia in response to ongoing war of aggression against Ukraine, https://www.canada.ca/en/global-affairs/news/2023/07/minister-joly-announces-additional-sanctions-against-russia-in-response-to-ongoing-war-of-aggression-against-ukraine.html, 20 Jul 2023