Canada has announced fresh sanctions against Russia, targeting 38 entities and 24 individuals, including those involved in ballistic missile technology development, cyber activities and financial networks supporting Moscow’s war economy.The sanctions were announced on Monday by Canada’s foreign affairs minister Anita Anand on the sidelines of the G7 Foreign Ministers’ Meeting in Paris.The latest measures, imposed under Canada’s Special Economic Measures (Russia) Regulations, seek to weaken Russia’s defence industrial base and restrict its ability to sustain military operations in Ukraine.The targeted entities and individuals include actors involved in developing ballistic missile technology and Russia’s cyber activities. The measures will also target financial enablers, including cryptocurrency exchanges, that help Russia evade sanctions and finance its war effort.Canada said the sanctions were aimed at constraining Russia’s ability to carry out strikes against civilian targets in Ukraine while increasing the economic costs of its invasion.“Canada is taking action to undermine Putin’s capacity to strike Ukrainian cities with its missiles. We remain steadfast in our support for Ukraine and will continue to impose costs on Russia until it ends its aggression and respects Ukraine’s sovereignty and territorial integrity,” Anand said.The Canadian government said it would continue working with allies and partners to increase pressure on individuals and entities supporting Russia’s military operations.It also reiterated its commitment to supporting Ukraine and pursuing a just and lasting peace in line with the principles of the United Nations Charter.
