Trudeau announces sanctions to punish Russia for its 'horrific' attack on Ukraine [View all]

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