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.


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

Agnico Q1 Earnings Results Overshadowed By A Sinking Gold Price

Why More People Are Starting to Feel Broke | Darrell Thomas – VRIC Media

Newmont Q1 Earnings: A Billion In Free Cash Flow… A Month!

Recommended

Altamira Gold Extends Maria Bonita Porphyry System Westward With 70.6 Metres At 0.51 g/t Hit

Antimony Resources Reports 13.9% Antimony in Latest Drill Core at Bald Hill

Related News

Russia’s Hollow Easter Ceasefire Exposed by Immediate Assaults on Ukraine

Within minutes of announcing a self-imposed Easter ceasefire, Russian forces launched coordinated assaults across eleven...

Monday, April 21, 2025, 12:56:00 PM

Putin Accuses The West Of “Nuclear Blackmail,” Warns Of Retaliation

Russian President Vladimir Putin in his national address on Wednesday morning strongly suggested that Russia...

Wednesday, September 21, 2022, 09:37:30 AM

Europeans’ Energy Costs to Account for 4.5% of Income in 2023 as Commodity Prices Soar

Surging natural gas and oil prices are expected to substantially erode at Europeans’ income in...

Thursday, May 26, 2022, 03:09:00 PM

Beijing Reportedly Warns EU Against A Russian Defeat in War With Ukraine

Chinese Foreign Minister Wang Yi has told the EU’s top diplomat Kaja Kallas that Beijing...

Friday, July 4, 2025, 10:32:00 AM

Former NATO Chief: Ukraine War Lays Ground for ‘New World Order’

The ongoing conflict in Ukraine is laying down the groundwork for a “new world order”...

Saturday, June 11, 2022, 03:05:00 PM