Minister Anand announces additional sanctions to reduce Russia’s missile capabilities and raise economic costs

November 9, 2026

The Honourable Anita Anand, Minister of Foreign Affairs, announced on the margins of the G7 Foreign Ministers’ Meeting in Paris, France, that Canada is imposing additional sanctions on Russia under the Special Economic Measures (Russia) Regulations.

Canada is listing an additional 38 entities and 24 individuals to further reduce Russia’s military capabilities by targeting elements of its defence industrial base, including actors involved in ballistic missile technology development and Russia’s cyber activities. The measures are also intended to further raise the economic costs of Russia’s war against Ukraine by targeting financial enablers, including crypto exchanges, that help sustain Russia’s war economy.

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Topic(s)

Acts & Regulations

Acts & Regulations - General

Security and Trade Facilitation Programs

International Trade and Border Management

Information source

Global Affairs Canada (GAC)

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