Trudeau announces sanctions: Canada aims sanctions at Russian oligarchs, banks
CBS News. UPDATED...
Trudeau announces sanctions to punish Russia for its 'horrific' attack on Ukraine
Canada aims sanctions at Russian oligarchs, banks
https://www.google.com/amp/s/www.cbc.ca/amp/1.6362554
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.
Trudeau announced a series of sanctions earlier this week after it became clear Putin was preparing for some sort of attack on Ukraine — a country that has sought to more closely align itself with Western countries and the European Union in recent years.
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