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

Back to the Cariboo: Gold Rush History Meets Modern Discovery | Golden Caribou

Gold Prices Are High, Experience Matters | Rob McLeod

Silver Is a Wild Animal, Gold Heads for $6,000 in 2026 | Craig Hemke

Recommended

Canadian Copper Plans 2,500 Metre Drill Program For 2026

Mercado Receives Permits For Planned 3,000 Metre Drill Program At Copalito

Related News

Elon Musk Advocates Nuclear Power: “Critical To National Security”

Amid the growing concerns of the budding war in Eastern Europe going nuclear, Tesla (Nasdaq: TSLA)...

Monday, March 7, 2022, 02:22:00 PM

Potential Judicial Favoritism in Canada’s Liberal Party Fundraising Events

In a recent exposé, an unsettling correlation between significant donors to Canada’s Liberal Party and...

Wednesday, August 30, 2023, 07:33:00 AM

Beer Shortages in Europe? Surging Energy Costs are Shutting Down Fertilizer Plants… And Consequently Brewers

The European Union may not need to embark on burdensome efforts to cut down the...

Monday, August 29, 2022, 05:47:43 PM

Mercedes Benz Cuts Production at Sindelfingen Plant Amid Supply Chain Chaos

Luxury carmaker Mercedes Benz has been forced to scale back working hours for some of...

Wednesday, March 23, 2022, 11:58:00 AM

Justin Trudeau Drops GST From New Rental Builds

In an upcoming announcement, Prime Minister Justin Trudeau is set to declare the removal of...

Thursday, September 14, 2023, 01:26:15 PM