# Canada Imposes New Sanctions on Russia During G7 Meeting Ottawa targets 62 additional entities and individuals to disrupt Russia's military and financial capabilities. - **Source:** [La Presse](https://www.lapresse.ca) - **Published:** 2026-11-09 - **Topic:** [politics](https://brifing.si/c/politics) - **Original article:** - **On Brifing:** https://brifing.si/s/b3000539-64ef-4752-8aea-bd8186b5a855 ## New Canadian Sanctions Package Canada announced additional sanctions against Russia during a G7 ministerial meeting held in Paris this Monday. Foreign Minister Anita Anand confirmed that the measures target 38 entities and 24 individuals. This expansion aims to further increase the economic burden on Moscow regarding its ongoing military campaign against Ukraine. ## Targeting Defense Industrial Base The new sanctions specifically focus on Russia's defense industrial base. Ottawa is targeting actors involved in the development of ballistic missile technology and various cyber activities. By restricting these specific sectors, Canada intends to directly reduce the military capabilities that support Russia's current operations on the Ukrainian front lines. ## Financial Facilitators Under Scrutiny Beyond military hardware, the sanctions target financial facilitators that sustain the Russian war economy. This includes cryptocurrency exchange platforms identified as helping Moscow bypass traditional financial restrictions. These measures are designed to complicate the movement of funds and increase the overall cost of maintaining the ongoing military conflict. ## Coordinated International Pressure Canada is implementing these measures in concert with its G7 allies and international partners. The government remains committed to increasing pressure on those who enable the Russian war machine. This collaborative approach ensures that sanctions are synchronized across major economies to maximize their impact on the Russian state's resources. ## Scale of Existing Measures The current list of Canadian sanctions against Russia is extensive and growing. It now includes over 1,600 individuals and 850 entities. Additionally, 730 vessels are currently sanctioned, as they are suspected of belonging to the shadow fleet used by Moscow to export hydrocarbons despite international restrictions and global trade sanctions. ## Strategic Focus on Hydrocarbons A significant portion of the Canadian sanctions regime targets the maritime sector. By tracking the shadow fleet, Ottawa aims to disrupt the export of Russian oil and gas. These efforts are part of a broader strategy to limit the revenue streams that Moscow utilizes to fund its military activities abroad. ## Diplomatic Context in Paris The announcement was made on the sidelines of a G7 ministerial meeting in Paris. This setting underscores the importance of diplomatic alignment among the world's leading industrialized nations. Such meetings serve as a platform for coordinating policy responses to global security threats and ensuring unified economic pressure on aggressor states. ## Long-term Economic Implications These sanctions represent a persistent effort to erode Russia's economic stability over time. By continuously updating the list of targets, Canada seeks to close loopholes and adapt to new evasion tactics. The ultimate goal remains to force a change in behavior by making the war financially unsustainable for the Kremlin. ## Sources covering this story - https://www.lapresse.ca/actualites/2026-11-09/reunion-du-g7/le-canada-annonce-des-sanctions-supplementaires-contre-la-russie.php?utm_source=rss&utm_medium=fil&utm_campaign=actualites — --- _Summary written by Brifing from the original reporting. Copyright in the original article belongs to its publisher; read the full piece at the link above._