The Canadian government today announced it is expanding sanctions that target certain individuals and activities associated with Russia and Ukraine.
While a number of designated individuals were added to the Ukraine sanctions, the Russia sanctions were expanded to include prohibitions against supplying certain goods, financial services or technical services in respect of certain types of oil exploration and production.
Existing prohibitions concerning equity and debt financings were also clarified.
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.