The G7 announced the creation of a new Enforcement Coordination Mechanism “to bolster compliance and enforcement of our measures and deny Russia the benefit of G7 economies” on the one-year anniversary of Russia’s invasion of Ukraine. Having focused on the enforcement of sanctions by the United States, United Kingdom, the European Union, Germany, France, and Italy in the past weeks, we continue our overview with enforcement trends in Canada. Our next instalment will look at sanctions enforcement from the perspective of…
On March 23, 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 March 23, 2023. There are now nineteen individuals listed under the Schedule of the Regulations. All of the newly listed individuals are members of the economic and political elite…
On March 27, 2023, Canada announced further amendments to the Special Economic Measures (Iran) Regulations (the “Regulations”) in response to Iran’s “gross and systematic violations of human rights and ongoing grave breach of international peace and security”. These amendments list an additional eight individuals and two entities under Schedule 1 of the Regulations and entered into force on March 23, 2023. There are now over 300 parties listed under Schedule 1 of the Regulations. The…
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…