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Canada has passed a law on the confiscation of assets of the Russian Federation

Photo: glavcom

Zelensky was told that Canada could confiscate Russian assets frozen on its territory and transfer them to Ukraine.

On Friday, June 24, the Canadian Senate approved a bill by Prime Minister Justin Trudeau authorizing the confiscation of Russia’s assets, Reuters reports.

It was noted that the bill C-19 proposes several measures, including a two-year ban on the purchase of housing by foreign citizens, as well as the right to confiscate and sell the assets of those responsible for the Russian invasion of Ukraine.

It was also reported that the 450-page document would pass the senate of any changes and would become law after formal royal approval.

The head of the Office of the President of Ukraine Andriy Yermak has already reacted to the news Twitter. According to him, the changes also provide for the transfer of confiscated property to another state.

“In the case of Ukraine, this means that Canada will be able to confiscate Russian assets frozen on its territory and transfer them to Ukraine,” Yermak wrote, adding that this is the first precedent for strengthening such a mechanism. in law after the start of the war.

Earlier, Canada’s finance minister said he had discussed the idea of ​​legislation with the United States and other international partners.

Canada announces $ 7 million military aid to Ukraine

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Source: korrespondent

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