Effective September 4, 2026, Canada amended the Special Economic Measures (Russia) Regulations (the “Regulations”) to add eight individuals to the list in Part 1 of Schedule 1. According to the Government of Canada, the individuals have been listed based on their involvement in “Russia’s unlawful deportation and forcible transfer of Ukrainian children, as well as… Continue reading Eight Individuals Targeted in Latest Amendments to the Russia Regulations
On August 10, 2026, the Minister of Foreign Affairs announced that Canada is imposing sanctions against STREIT Group (also known as STREIT Group FZE and STREIT Group FZE-LLC) (“Streit Group”) under the Special Economic Measures (Russia) Regulations (the “Regulations”). Effective August 6, 2026, Canada amended the Regulations to add the defence manufacturing company as item… Continue reading Canada Announces Sanctions Against Defence Manufacturer Streit Group
On June 16, 2026, Canada announced new amendments to the Special Economic Measures (Russia) Regulations (the “Regulations”). These amendments, effective as of June 12, 2026, repeal subsections 8(3) and 8(4) of the Regulations, which previously required the Minister of Foreign Affairs (the “Minister”) to make a decision on delisting applications within 90 days of receipt… Continue reading Canada Announces Additional Sanctions and Amendments to the Russia Regulations
On May 11, 2026, Canada announced new amendments to the Special Economic Measures (Russia) Regulations (the “Regulations”). These amendments, effective as of May 8, 2026, impose sanctions on 23 individuals and 5 entities. Since 2014, Canada has imposed sanctions on more than 3,400 individuals and entities “that are complicit in the violation of Ukraine’s sovereignty… Continue reading New Sanctions in Response to “Russia’s violations against Ukrainian children”
On February 24, 2026, Canada announced new amendments to the Special Economic Measures (Russia) Regulations (the “Regulations”). These amendments, effective as of February 19, 2026, impose sanctions on 21 individuals, 53 entities, and 100 vessels. Additionally, amendments were made to Schedule 10.01 to lower the oil price cap (OPC) per barrel on Russian crude oil… Continue reading Individuals, Entities, and Vessels Targeted in Latest Amendments to the…
On November 12, 2025, Canada announced new amendments to the Special Economic Measures (Russia) Regulations (the “Russia Regulations”) to impose sanctions against 13 individuals, 11 entities, and 100 vessels from Russia’s “shadow fleet”. Canada states that these new measures target Russia’s “energy revenues and financial enablers, while also degrading its conventional and hybrid military capabilities”.… Continue reading Canada Announces Additional Sanctions Against Russia
On August 28, 2025 Canada announced new amendments to the Special Economic Measures (Moldova) Regulations (the “Regulations”). These amendments impose sanctions on another 16 individuals and 2 entities “for their role in Russia’s malign interference activities in Moldova”. To date, Canada has sanctioned 32 individuals and 9 entities, as listed in the Schedule of the… Continue reading Amendments to the Moldova Regulations Impose Additional Sanctions
On June 17, 2025 Canada announced three new amendments to the Special Economic Measures (Russia) Regulations (the “Regulations”). These amendments impose additional sanctions on individuals and entities, as well as expand on Canada’s vessel sanctions and trade prohibitions. The first and second amendments impose sanctions on an additional 77 individuals and 39 entities to Schedule… Continue reading Additional Sanctions and Trade Prohibitions in Latest Amendments to the…
In an effort to combat sanctions evasion, on August 19, 2024, recent amendments to the Proceeds of Crime (Money Laundering) and Terrorist Financing Act (“PCMLTFA”) and its regulations came into force, expanding the reporting obligations for “reporting entities” The recent amendments include a newly created “sanctions evasion offense” under the PCMLTFA, which is defined as:… Continue reading Changes to Canada’s Sanctions Enforcement Regime
On June 21, 2024, Canada announced additional sanctions under the Special Economic Measures (Haiti) Regulations (the “Haiti Regulations”). Canada has sanctioned three “Haitian gang leaders” to address “the escalating gang violence in Haiti, which continues to have devastating effects on the Haitian population”. Canada has stated it has reason to believe that the listed individuals “have… Continue reading Canada Sanctions “Haitian Gang Leaders”
Tereposky & DeRose LLP
Suite 1000, 81 Metcalfe St.
Ottawa, Ontario K1P 6K7
Phone: +1-613-903-7015
Fax: +1-613-701-2997
Email: info@tradeisds.com
