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

Is This the Most Overlooked Critical Mineral? (+1000% Move) | Guy Bourassa – Scandium Canada

Is Gold Entering a New 15-Year Cycle? | Rob Husband

A 100,000 Ounce Per Year Gold Plan in Utah | Scott Trebilcock — Revival Gold

Recommended

Russia Fuels Iran’s War Effort with Intelligence on US Military Targets

Silver47 Launches 7,000-Meter Hughes Drill Program In Nevada

Related News

Canadian MP Lashes Out On Trudeau For Not Alerting Him Of Chinese Threats To His Family

Michael Chong, a member of Canada’s main opposition Conservative party, claimed on Monday that the...

Tuesday, May 2, 2023, 07:31:00 AM

Foreign Interference Inquiry Lead’s Past Raises Conflict Of Interest Concerns, Trudeau Expresses Willingness To Testify

Prime Minister Justin Trudeau expressed his willingness to provide testimony in an inquiry concerning allegations...

Saturday, September 9, 2023, 01:51:00 PM

Sen. Lindsay Graham Faces Arrest Warrant From Russia Following Controversial Remarks

Russia’s Interior Ministry has issued an arrest warrant for Republican Senator Lindsey Graham, citing comments...

Tuesday, May 30, 2023, 07:31:00 AM

UK’s New Sanctions On Russia Includes Diamonds As G7 Vows To “Starve The Russian War Machine”

Britain launched new sanctions on Russia on Friday, as G7 leaders gathered in Japan for...

Friday, May 19, 2023, 10:31:06 AM

Freeland’s and Trudeau’s Offices Clash Over GST Holiday Plan

Internal discord has emerged at the highest levels of Canada’s government, with Finance Minister Chrystia...

Wednesday, December 11, 2024, 07:39:41 AM