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UPDATED Canadian Sanctions Targeting Russia, Belarus and Separatist Territories in Ukraine Expanded in Response to the Russian...

On February 21, 2022, Russia formally recognized the purported independence of two regions in Eastern Ukraine, Donetsk and Luhansk. The next day it ordered Russian troops into the separatist-occupied territories, and the...more

New Canadian Economic Sanctions "Deemed Ownership" Rule Now in Force

On June 22, 2023, Budget Implementation Act, 2023, No. 1 (formerly Bill C-47) received Royal Assent. Among the various other measures in this omnibus bill, the Act made significant amendments to Canada's autonomous sanctions...more

UPDATED Canadian Sanctions Targeting Russia, Belarus and Separatist Territories in Ukraine Expanded - May 2023

On February 21, 2022, Russia formally recognized the purported independence of two regions in Eastern Ukraine, Donetsk and Luhansk. The next day it ordered Russian troops into the separatist-occupied territories, and the...more

Canadian Government Introduces Legislation to Add Sanctions 50% Rule and Update Rules on Ownership and Control

On April 20, 2023, Canada's federal government introduced Bill C-47, An Act to implement certain provisions of the budget tabled in Parliament on March 28, 2023. Among the numerous legislative changes contained in this...more

UPDATED Canadian Sanctions Targeting Russia, Belarus and Separatist Territories in Ukraine Expanded - July 2022

On February 21, 2022, Russia formally recognized the purported independence of two regions in Eastern Ukraine, Donetsk and Luhansk. The next day it ordered Russian troops into the separatist-occupied territories, and the...more

Canada's Federal Budget 2022 and Canadian Sanctions Implications

As explained in our recent insight on the 2022 Canadian Federal Budget, on April 7, 2022, the Federal Government of Canada released Budget 2022: A Plan to Grow Our Economy and Make Life More Affordable. The Budget sets the...more

Canada Imposes Additional Sanctions, Including Against Rosneft

On February 17, 2015, the Government of Canada announced a new round of sanctions against Russian and Ukrainian individuals and entities, including leading Russian oil firm NK Rosneft OAO....more

2/19/2015  /  Canada , Rosneft , Russia , Sanctions , Ukraine
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