Canada adds sanctions on 38 entities and 24 individuals over Russia's war in Ukraine
Canadian Foreign Minister Anita Anand announced additional sanctions against Russia on November 9 on the sidelines of the G7 foreign ministers' meeting in Paris. The measures target Russia's defense industry, ballistic missile developers, cyber actors and financial intermediaries, including cryptocurrency exchanges.
Key points
- Canada added 38 legal entities and 24 individuals to its sanctions list on November 9, 2026
- The announcement was made on the sidelines of the G7 foreign ministers' meeting in Paris
- Sanctions target Russia's defense-industrial complex, ballistic missile developers and cyber actors
- Financial intermediaries, including cryptocurrency exchanges that support Russia's war economy, are also targeted
- In September, Canada sanctioned eight Russians linked to the deportation and forced transfer of Ukrainian children
- Since 2014, Canada has sanctioned more than 3,500 individuals and legal entities and over 700 vessels
Why it matters
The package widens economic pressure on Russia's war-related economy by targeting defense-industrial companies, ballistic missile developers, cyber actors and financial intermediaries such as cryptocurrency exchanges. Ottawa says the restrictions are intended to weaken Russia's military capabilities, raise the economic cost of its war against Ukraine and limit Vladimir Putin's ability to strike Ukrainian cities with missiles.
What happened
Canadian Foreign Minister Anita Anand announced a new sanctions package against Russia on November 9 on the sidelines of the G7 foreign ministers' meeting in Paris. Canada added 38 legal entities and 24 individuals to its sanctions list. The restrictions cover Russia's defense-industrial enterprises, participants in the development of ballistic missile technologies and actors involved in Russian cyber operations. Canada also intensified pressure on financial structures, including cryptocurrency exchanges that support Russia's war economy. The announcement came within the framework of a high-level meeting jointly led by the European Union, Ukraine and Canada, which was aimed in part at planning concrete steps to return Ukrainian children abducted by Russia and to hold Russia accountable.
How Ukrainian sources describe it
Ukrainian coverage highlights the impact of the measures on Russia's military and economic capacity, focusing on missile, cyber, defense-industrial and cryptocurrency-exchange targets. It emphasizes the threat to Ukrainian cities and places Canada's sanctions within the broader international effort to support Ukraine's sovereignty and territorial integrity. The announcement is also presented alongside efforts to bring back Ukrainian children abducted by Russia and secure accountability.
How international sources describe it
International coverage places the announcement within the G7 foreign ministers' meeting in Paris and the high-level meeting jointly led by the European Union, Ukraine and Canada. The package is presented as part of a sustained sanctions strategy maintained while Russia's aggression continues.
Background
In September, Canada added eight Russians to its sanctions list over their alleged involvement in the unlawful deportation and forced transfer of Ukrainian children, as well as their indoctrination and militarization. Since 2014, Canada has imposed sanctions on more than 3,500 individuals and legal entities and more than 700 vessels, over violations of Ukraine's sovereignty and territorial integrity and systematic human rights abuses.