Thursday, January 1, 2026

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

People Don’t Want Cash. They Want Physical Silver. | Glenn Jessome – Silver Tiger

The Monetary System Is Cracking – Gold Is the Pressure Valve | Ross Beaty – Equinox Gold

Heliostar Metals: The Cerro del Gallo PFS

Recommended

Silver47 Reports Discovery Of FOMO Zone At Red Mountain After Sampling 1,793 g/t Silver Equivalent

When A Shut-Down Mine Starts Making Sense Again | Selkirk Copper

Related News

Liberal Support Among Millennials Hits Record Low

Canada’s Conservative Party maintains a commanding 22-point lead over its rivals in the latest polling,...

Monday, November 25, 2024, 01:54:00 PM

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

New UK Sanctions Threaten Putin’s Hidden Oil Network Amid War With Ukraine

The United Kingdom has announced a new wave of sanctions targeting entities facilitating Russian oil...

Sunday, December 22, 2024, 07:46:00 AM

Canada: Despite Targeting Younger Voters, Liberals Pre-Budget Spending Fails to Sway Youth Support

The latest federal budget, touted as a boon for younger Canadians, is in danger of...

Tuesday, April 23, 2024, 03:02:00 PM

‘We Are Ready to Step Up’: EU Unveils €800 Billion Defense Plan After Trump Halts Ukraine Aid

The European Union announced an ambitious €800 billion defense plan on Tuesday, just hours after...

Wednesday, March 5, 2025, 12:53:00 PM