The Honourable Anita Anand, Minister of Foreign Affairs, on the margins of the G7 Foreign Ministers' Meeting, today announced that Canada is imposing additional sanctions under the Special Economic Measures (Russia) Regulations.
To further strengthen our efforts to counter Russia's sanctions evasion, Canada is adding 100 more vessels from Russia's shadow fleet to its sanctions list.
Russia continues to rely on oil and gas revenues to fund its war against Ukraine by using a network of vessels and supporting entities-mostly oil tankers-known as the shadow fleet to transport sanctioned goods and commodities, including crude oil, to countries around the world.
These sanctions are designed to target Russia's capacity to finance its war efforts while avoiding unnecessary harm to everyday people.
