Canada increases pressure on Moscow, 162 new sanctions against Russia

Canada has again imposed restrictions on the Russian war machine on Tuesday, targeting it with 162 sanctions, Prime Minister Mark Carney said at the G7 Summit in France.

Those sanctioned include individuals, entities and vessels, "all assets of the Russian war machine," according to a statement on the prime minister's website.

Carney announced the punitive measures during a meeting with Ukrainian President Volodymyr Zelensky. The sanctions target Russia's shadow fleet, energy revenues, defense industry sector and disinformation actors.

The sanctions are designed "to increase pressure on Russia to negotiate a peace agreement and to support Ukraine," according to the statement.

"The Prime Minister also highlighted Canada's efforts to establish the Defence, Security and Resilience Bank to provide multi-year, low-cost financing for defence, security and resilience initiatives," it further said.

The statement also condemned Russia's latest attack on Ukraine.

"Prime Minister Carney strongly condemned Russia's recent attack on Kiev, including the strike on the Kiev Pechersk Lavra Monastery, a holy site in Ukraine and Eastern Orthodox Christianity," it added.

Canada continues to be a strong supporter of Ukraine in the fight to repel the invasion by Russia.

In 2026, Canada provided $2.8 billion in military assistance to Ukraine, imposed sanctions on more than 3,400 individuals and entities, and over 600 vessels. It has also been instrumental in training Ukrainian soldiers through Canadian military personnel.

"The leaders discussed strengthening partnerships in the defense industry between the two countries, including advanced technologies such as drone production," the statement said.

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