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

How to Still Find 10-Bagger Gold and Silver Stocks | Don Durrett

First Majestic Silver: Jerritt Canyon Is BACK!

Canada May Finally Be Backing Its Battery Supply Chain | John Passalacqua – First Phosphate

Recommended

Questcorp’s La Union Surface Program Delivers 20 g/t Gold Over 2.9 Metres In Channel Sample

Kirkland Lake Discoveries Drills 39.35 g/t Gold Over 16.4 Metres As Mirado Continues To Grow

Related News

Kim Jong Un Confirms North Korean Soldiers Ordered to Commit Suicide in Ukraine Conflict

North Korean leader Kim Jong Un has publicly confirmed a chilling policy mandating soldiers to...

Tuesday, April 28, 2026, 09:59:05 AM

Ukraine To Use American Technology To Build More Nuclear Power Plants In 2024

Ukraine’s Energy Minister, Herman Halushchenko, announced on January 21 that the country will begin the...

Tuesday, January 23, 2024, 03:18:00 PM

US Sanctions Drives Insane Spreads In Ruble / Dollar Transactions

New US sanctions targeting Russia’s financial system have forced the Moscow Exchange (MOEX) to suspend...

Thursday, June 13, 2024, 07:58:21 AM

Algeria Expresses Interest in Joining BRICS Group

Algeria, Africa’s largest exporter of natural gas, has become the latest country interested in joining...

Thursday, August 4, 2022, 02:19:00 PM

The Great Liberal Revamp: Justin Trudeau Unveils Details of Cabinet Shuffle Ahead of Next Election

In what is the biggest reorganization of Trudeau’s cabinet since taking office in 2015, Prime...

Thursday, July 27, 2023, 07:36:00 AM