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Thu Feb 24, 2022, 02:45 PM

Trudeau announces sanctions to punish Russia for its 'horrific' attack on Ukraine

Prime Minister Justin Trudeau announced Thursday a new suite of "severe" sanctions against Russian entities after the country's president, Vladimir Putin, launched a series of unprovoked attacks on neighbouring Ukraine late last night.

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Trudeau said Canada will target 62 individuals and entities, including members of the Russian elite and their family members, the Russian paramilitary organization Wagner Group and major Russian banks, among others.

Canada will also direct its financial firepower at members of the Russian Security Council, including the country's defence, finance and justice ministers.

Effective immediately, Canada will stop issuing export permits for Russian products and cancel existing permits.

Foreign Affairs Minister Mélanie Joly said hundreds of permits covering goods worth more than $700 million will be immediately cancelled — a blow to Russian companies that import valuable Canadian goods like aerospace parts, technology and minerals.

https://www.cbc.ca/news/politics/trudeau-ukraine-russia-attack-1.6362554

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Reply Trudeau announces sanctions to punish Russia for its 'horrific' attack on Ukraine (Original post)
Spazito Feb 2022 OP
nycbos Feb 2022 #1
Spazito Feb 2022 #2
nycbos Feb 2022 #3

Response to Spazito (Original post)

Thu Feb 24, 2022, 03:00 PM

1. Where do Russians have luxury real estate in Canada?

In the US it's in New York, Los Angeles, and Miami. I am guessing Toronto and Vancouver for Canada.

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Response to nycbos (Reply #1)

Thu Feb 24, 2022, 03:07 PM

2. I might add Montreal as possibility...

but Toronto and Vancouver are the most expensive and sought-after properties by foreign investors for sure.

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Response to Spazito (Reply #2)

Thu Feb 24, 2022, 03:36 PM

3. Montreal wouldn't surprise me in the least.

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