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ARTICLE · 16 JUNE 2023

Canadian Sanctions Update: The Latest Regulatory Developments

Stikeman Elliott LLP
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We continue to expect more sanctions and increased levels of sanctions enforcement.

CanadaInternational Law
Shawn C.D. Neylan
Shawn C.D. Neylan
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In this post, we describe the economic sanctions imposed by Canada since our March 28, 2023 update, including additional designations of Russian, Belarusian, Iranian and Haitian persons under existing sanctions regimes and a new sanctions regime for Moldova which resulted in the listing of eight persons. In addition, some previously sanctioned individuals from Zimbabwe were delisted. We continue to expect more sanctions and increased levels of sanctions enforcement.

Additional Designations

Russia

On April 5, 2023, the Government of Canada amended the Special Economic Measures (Russia) Regulations to add 14 individuals (largely senior management at Russian companies that provide military services to Russia) and 34 entities (largely military technology and logistics companies).

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