Canada sanctions 22 Russians, 4 financial entities

Canada announced it is imposing additional sanctions on 22 Russian individuals and 4 entities in response to Russia’s invasion of Ukraine.

Among the individuals listed are senior officials of Russian financial institutions and their family members, as well as key financial institutions and banks.

“The measures announced today apply further pressure on the Russian leadership to end its senseless war, which has resulted in the loss of thousands of lives, jeopardized the food security of millions and caused untold pain and suffering. Canada continues to call for a diplomatic solution,” Canada said in a news release.

The Special Economic Measures (Russia) Regulations prohibit persons in Canada and Canadians outside Canada from engaging in any activity related to any property of the sanctioned individuals or providing financial or related services to them.

“For every action taken by President Putin to undermine Ukraine’s territorial integrity, Canada will not hesitate to take appropriate countermeasures. Canada will relentlessly pursue accountability for the Russian regime’s unjustifiable acts. We stand with Ukraine and its people,” said Mélanie Joly, Minister of Foreign Affairs in a statement.

Since Russia’s occupation and attempted annexation of Crimea in 2014, Canada has imposed sanctions on more than 1,500 individuals and entities. Since Russia’s further invasion of Ukraine on February 24, Canada has imposed sanctions on more than 1,050 individuals and entities from and in Russia, Ukraine and Belarus.