Since Russia’s illegal annexation of Crimea, Canada has imposed sanctions against more than 1,600 individuals and entities that contributed to the violation of Ukraine’s sovereignty.
As part of economic sanctions against Russia imposed for its military aggression against Ukraine, in Canada, in general, Russian assets worth more than 413 million Canadian dollars (about 320 million US dollars) are blocked. On Monday, August 15, Ukrinform reports in connection with the Canadian police of Canada.
“From Feb. 24 to Aug. 9, a total of C$122.3 million worth of property was frozen in Canada and $290.7 million worth of transactions were stopped, in accordance with the prohibitions specified by the Russia Special Economic Measures Act.”, the message said.
The department emphasized that they regularly receive new information, so they will continue to update the data.
Recall that the President of Ukraine Volodymyr Zelensky called on the EU to tighten sanctions against Russia.
It was also reported that the United States announced new sanctions against Russia.
Earlier, Bloomberg said that the country that is preventing the Russian economy from collapsing is Turkey. But this does not mean that the collapse of the Russian economy will not happen. Thus, Russia’s budget deficit in July reached 892 billion rubles, due to which its surplus for the whole of 2022 was reduced by two-thirds.
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Source: korrespondent
I am David Wyatt, a professional writer and journalist for Buna Times. I specialize in the world section of news coverage, where I bring to light stories and issues that affect us globally. As a graduate of Journalism, I have always had the passion to spread knowledge through writing.