On March 10, 2023, Canada amended the Special Economic Measures (Russia) Regulations (the “Regulations”) to prohibit the import, purchase and acquisition of steel and aluminum goods listed under Schedule 11 from Russia or from any person in Russia. This amendment applies to any person in Canada and any Canadian outside Canada and was entered into force on March 10, 2023. The steel goods listed under Schedule 11 of the Regulations include sheet piling, railway or…
On February 27, 2023, Canada announced further amendments to the Special Economic Measures (Iran) Regulations (the “Regulations”) in response to the “gross violations of human rights” by the Iranian regime. These amendments list an additional twelve individuals under Schedule 1 of the Regulations and entered into force on February 23, 2023. There are now over 300 parties listed under Schedule 1 of the Regulations. All the newly listed parties are “senior officials from the Islamic…
On February 24, 2023, Canada announced additional amendments to the Special Economic Measures (Russia) Regulations (the “Regulations”) in response to individuals and entities “complicit in Russia’s ongoing war against Ukraine”. These amendments list an additional 129 individuals and 63 entities under Schedule 1 of the Regulations. These amendments also prohibit the export to Russia of certain chemical elements for use in electronics,[1] and ban the import, purchase, or acquisition of Russian arms, ammunition, and other…
On February 16, 2023, Canada announced amendments to the Special Economic Measures (Haiti) Regulations (the “Regulations”) in response to “acts that threaten the peace, security, and stability of Haiti”. These amendments list an additional two individuals under the Schedule of the Regulations and took effect on February 15, 2023. There are now seventeen individuals listed under the Schedule of the Regulations. All of the newly listed individuals are members of the economic and political elite…