ANNOUNCEMENT 29 Jul 2022

In July 2022, the government of Canada announced additional sanctions against Russia in response to the invasion of Ukraine by imposing restrictions on 17 Russian enterprises. 

NUMBER OF INTERVENTIONS

1

  • 1 harmful
  • 0 neutral
  • 0 liberalising

SOURCE

Global Affairs Canada. News Release "Minister Joly announces additional sanctions on Russian military officials and defence entities". 02/08/2022. Available at: https://www.canada.ca/en/global-affairs/news/2022/08/minister-joly-announces-additional-sanctions-on-russian-military-officials-and-defence-entities.html

Government of Canada. Regulations Amending the Special Economic Measures (Russia) Regulations (SOR/2022-184). 29/07/2022. Available at: https://www.international.gc.ca/world-monde/international_relations-relations_internationales/sanctions/russia_regulations-reglement_russie26.aspx?lang=eng

Inception date: 29 Jul 2022 | Removal date: open ended

Controls on commercial transactions and investment instruments

On 29 July 2022, the government of Canada promulgated Regulations Amending the Special Economic Measures (Russia) Regulations (SOR/2022-184), imposing sanctions against 17 Russian companies in response to Russia's ongoing invasion of Ukraine. 

According to the Foreign Ministry of Canada, the sanctioned entities operate in the defence sector or otherwise indirectly support the Russian army. The new restrictions stipulate a dealings prohibition as well as an asset freeze on the targeted enterprises. Among the affected enterprises are:

1. Scientific-Production Enterprise Salyut JSC

2. Scientific-Production Enterprise Almaz JSC

3. Gorizont JSC

4. Mashinostroitel Perm Factory

5. Ural Research Institute of Composite Materials

6. Scientific-Production Enterprise Kant

7. Scientific-Production Enterprise Svyaz

8. Scientific-Research Institute Argon

9. Scientific-Research Institute and Factory Platan

10. Scientific-Research Institute of Automated Systems and Communications Complexes Neptune JSC

11. Special Design and Technical Bureau for Relay Technology

12. United Shipbuilding Corporation Production Association Northern Machine Building Enterprise

13. Concern Morinformsystem-Agat

14. Research and Design Institute Morteplotekhnika JSC

15. Petrovsky Electromechanical Plant Molot JSC

16. Temp-Avia Arzamas Research and Production Association JSC

17. TRV Engineering

The affected companies all related broadly to the defence sector, producing naval equipment, including radio electronics; missiles, roсket-and-space hardware; aviation equipment; production of machinery used for gas and oil industries, petrochemical and nuclear plants; drilling equipment; and metallurgical products. Certain companies also provide maintenance and retail services, supplying machinery and equipment. 

In the same announcement, Canada revealed the restrictions on 43 Russian military officials. 

In this context, Mélanie Joly, Canada's Minister of Foreign Affairs, said: “We will not allow Vladimir Putin and his enablers to act with impunity. The Russian war machine’s egregious actions will not be forgotten, and Canada will continue to work with its partners in the international community to hold it to account. Canada stands with Ukraine."

The measure is part of the sanctions introduced by Canada against Russia and Belarus in response to the Ukraine invasion (see related state acts).

AFFECTED SECTORS

 
N/A