Justin Trudeau Imposes Additional Sanctions on Russia Over Ukraine

Canada’s federal government has imposed additional sanctions on Russia, in response to the full-scale invasion of Ukraine.

On Thursday, Canadian Prime Minister Justin Trudeau announced further sanctions against Russia, this time cancelling existing export permits and halting the issuance of new ones to the eastern European country, as G7 members escalate their reprisal of Russian President Vladimir Putin’s assault on Ukraine. The new sanctions will also target 58 prominent Russian individuals including the ministers of justice, defence, and finance, as well various entities including banks.

“These sanctions are wide reaching, they will impose severe costs on complicit Russian elites, and they will limit President Putin’s ability to continue funding this unjustified invasion,” said Trudeau, referring to an earlier meeting with G7 leaders.

In addition, the Liberal government will also focus on expediting immigration applications for Ukrainian citizens looking to seek refuge in Canada, while arranging safe modes of transportation out of the eastern European country for Canadian citizens and permanent residents.

Altamira Gold Corp. — sponsored Sponsored · Altamira Gold Corp.

Information for this briefing was found via the Government of Canada. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

Why Is This $1.5 Billion Gold Story Worth Just $37 Million? | Fredonia Mining PEA

This Copper Stock Exploded Before Anyone Knew the Grade | Decade Resource

Silver Miners Will Crush Gold Miners | Adrian Day

Recommended

Blue Jay Gold Extends High-Grade Zone at Depth at Skukum Creek With 6.15 g/t Gold Over 14 Metre Hit

Northmin Reports 93% Silver Recovery From Tynagh West Pond Tailings Testwork

Related News

Transnistria Calls on Russia For Aid Amid Economic Pressure from Moldova

Transnistria, a breakaway republic from Moldova, has officially reached out to Russia for assistance amid...

Thursday, February 29, 2024, 11:04:00 AM

Russia Considers Banning Uranium Exports; Could Cause a Further Jump in Uranium Prices

Citing comments by Deputy Prime Minister Alexander Novak, the Russian state news agency TASS reported...

Sunday, March 27, 2022, 09:00:00 AM

Is Russia Preparing to Attack NATO?

New US intelligence assessments say Putin could test NATO's resolve with a limited attack sometime...
Tuesday, August 18, 2026, 07:33:00 AM

Germany Will Have No Choice But To Allow Russian Uranium Shipment

The German government’s hands are tied and it has no choice but to permit the...

Wednesday, September 14, 2022, 12:51:00 PM

Germany Gains Control of Russian-Owned Rosneft Refineries in Desperate Bid to Avert Complete Energy Crisis

It appears that Germany has moved onto plan B to avert a full-blown energy crisis,...

Monday, September 19, 2022, 02:47:52 PM