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Canadian Sanctions Related to Russia and Belarus - Updated

Russia:
On April 5, 2022, Canada further amended the Special Economic Measures (Russia) Regulations to prohibit the provision of all insurance, reinsurance, and underwriting services for aircraft, aviation and aerospace products either owned by, controlled by, registered to, chartered by, or operated by entities and individuals resident, incorporated, or domiciled in Russia. This amendment also listed an additional nine oligarchs and their family members, as well as regime associates.

Belarus:
On April 5, 2022, Canada further amended the Regulations to sanction an additional six Belarusian oligarchs and three Deputy Ministers of the Ministry of Defence of Belarus. This amendment also prohibited the provision of all insurance, reinsurance, and underwriting services for aircraft, aviation and aerospace products either owned by, controlled by, registered to, chartered by, or operated by entities and individuals resident, incorporated, or domiciled in Belarus. It also prohibited the export to Belarus of all items in the Restricted Goods and Technologies List.

Topic(s)

Acts & Regulations
Freight & Transport
International Trade and Border Management

Information source

Global Affairs Canada (GAC)
Disclaimer

The foregoing information is provided for informational purposes only and is not intended as, nor should it be considered, professional advice or a substitute for conducting your own thorough research and review. Before making any decisions or taking any action based on the information provided, you should conduct your own independent investigation and/or seek professional advice from a qualified expert in the relevant field. The CSCB disclaims all liability for actions taken or not taken based on the information provided.