The federal government announced a new round of sanctions on Russia today following heightened military activity in Ukraine.

March 18, 2024- The updated measures target senior political officials, defense manufacturers, and individuals believed to be connected to the Kremlin’s ongoing operations.

Foreign Affairs Minister Mélanie Joly stated that the sanctions are intended to increase pressure on Russia and reinforce Canada’s commitment to supporting Ukraine. The announcement follows urgent appeals from Ukrainian leadership for greater international assistance as fighting intensifies around key regions.

The sanctions include asset freezes and restrictions on financial transactions. Individuals and companies named on the list will be prohibited from accessing Canadian markets and banking systems. Government officials said the measures align closely with actions taken by the United States, the United Kingdom, and the European Union.

Canada also confirmed additional funding for military support that will contribute to drone technology, ammunition, and protective equipment for Ukrainian forces. Humanitarian organizations have welcomed increased assistance for civilians affected by the conflict.

Domestic reaction continues to show broad cross party support for Ukraine. Analysts note that Canada has maintained a consistent position since the start of the conflict, but some experts warn that implementing long term support requires improvements to military procurement processes and supply chains.

Today’s announcement reinforces Canada’s role as a strong partner in international efforts to uphold Ukrainian sovereignty. Government officials said they will continue to assess the situation and coordinate with allies on future measures.