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ARTICLE · 03 JULY 2025

Canada Announces 'Major' Additional Sanctions On Russia

Osler, Hoskin & Harcourt LLP
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On June 17, 2025, the government of Canada announced "its biggest-ever package of vessel and trade-related sanctions" against Russia.

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Matthew Kronby
Matthew Kronby
Alan Kenigsberg
Alan Kenigsberg
Chelsea Rubin
Chelsea Rubin
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On June 17, 2025, the government of Canada announced "its biggest-ever package of vessel and trade-related sanctions" against Russia.

The new sanctions do not fundamentally change the nature of Canada's Russia sanctions. Rather, through three separate amendments to the Special Economic Measures (Russia) Regulations (the Russia Regulations)1 made a few days prior, on June 13, the amendments expand Canada's existing Russa sanctions by subjecting 116 additional individuals and entities to asset freezes and dealings bans, targeting 201 additional vessels in Russia's "shadow fleet" and banning services related to those vessels, and imposing an import ban on various "revenue-generating goods" and an export ban on nearly 1,000 additional goods and technologies, including various goods and technologies with non-military applications.

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