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

SSR Mining Walks Away From a World Class Gold-Copper Project

Why More Canadians Are Starting to Think About Leaving | Jesse Day

Instead of Waiting, This Gold Developer Went Bigger | Kenneth McLeod – Sonoro Gold

Recommended

Why This Gold Company Keeps Spinning Out Assets | John-Mark Staude – Riverside Resources

Silver at $75 and Why U.S. Silver Ounces Are Getting Hard to Find | Galen McNamara – Silver47

Related News

Putin’s Partial Mobilization Starts With Drafting Detained Protestors, Sending Untrained Men To War

Russia is in a hurry–that is obvious. Defense Minister Sergei Shoigu previously disclosed that the...

Thursday, September 22, 2022, 11:36:00 AM

Poilievre, Singh Demand Public Inquiry On Chinese Interference After Johnston Report Suggests Public Hearings Instead

The leaders of the Conservative Party and the New Democratic Party are both calling for...

Wednesday, May 24, 2023, 11:49:00 AM

Wilkinson Calls Moe’s Move Irresponsible, But NDP Says It Will Back Conservative Motion on Federal Carbon Tax

Canada’s energy minister has criticized the province of Saskatchewan for its decision not to collect...

Saturday, November 4, 2023, 07:07:00 AM

Russian Sanctions Are Not Working – The Daily Dive

Joining us again on the Daily Dive is Rick Rule, the former President and CEO...

Thursday, June 30, 2022, 01:30:00 PM

Romania Significantly Expands No-Fly Zone Near Ukraine As Russia Intensifies Danube Attacks

Flight restrictions in the northern Dobrogea region, along the border with Ukraine, have been expanded...

Friday, September 15, 2023, 03:11:00 PM