Global Trade Alert
Global Trade Alert

Canada: Sanctions on various firms and vessels under the Special Economic Measures (Russia) Regulations (June 2025)

Announcement

17 Jun 2025

In June 2025, the Canadian government imposed additional sanctions under the Special Economic Measures (Russia) Regulations.

Source

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Number of interventions

6

6 certainly harmful

0 likely harmful

0 liberalising

List of interventions

6 in force

Implementation date

17 Jun 2025

Revocation date:

No revocation date

Controls on commercial transactions and investment instruments In force

On 17 June 2025, the government of Canada added 34 Russian entities to Part 2 of Schedule 1 of the Special Economic Measures (Russia) Regulations. The new restrictions impose a dealings ban and an ass...

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Foreign customer limit In force

On 17 June 2025, the Canadian government issued Regulations Amending the Special Economic Measures (Russia) Regulations (SOR/2025-33), which prohibited 201 Russian "shadow fleet" vessels* from docking...

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Controls on commercial transactions and investment instruments In force

On 17 June 2025, the government of Canada added Keremet Bank Open Joint-Stock Company, a Kyrgyzstan-based bank, to Part 2 of Schedule 1 of the Special Economic Measures (Russia) Regulations. The new r...

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Controls on commercial transactions and investment instruments In force

On 17 June 2025, the government of Canada added three entities based in the United Arab Emirates to Part 2 of Schedule 1 of the Special Economic Measures (Russia) Regulations. The new restrictions imp...

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Controls on commercial transactions and investment instruments In force

On 17 June 2025, the government of Canada added a Singapore-based entity to Part 2 of Schedule 1 of the Special Economic Measures (Russia) Regulations. The new restrictions impose a dealings ban and a...

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Controls on commercial transactions and investment instruments In force

On 17 June 2025, the government of Canada added two energy commodity trading companies, one based in Switzerland and another in Azerbaijan, to Part 2 of Schedule 1 of the Special Economic Measures (Ru...

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Related State Acts

02 Sep 2022

Canada: Government commits to a price cap on Russian oil and petroleum products exports

14 Oct 2022

Canada: Government imposes sanctions on the Russian state-owned TV network

28 Oct 2022

Canada: Government sanctions more Russian energy companies

02 Dec 2022

Canada: Sanctions against Iranian firms due to the role in the Russian invasion of Ukraine

02 Dec 2022

Canada: Government prohibits the provision of financial and transport services related to Russian oil above USD 60 per barrel

03 Feb 2023

Canada: Price cap on seaborne petroleum products from Russia

03 Feb 2023

Canada: Sanctions against more Russian media entities

24 Feb 2023

Canada: Additional sanctions on trade with Russia and Russian entities

10 Mar 2023

Canada: Import ban on Russian aluminium and steel

11 Apr 2023

Canada: New sanctions on Russian companies (April 2023)

19 May 2023

Canada: New sanctions against over 20 Russian entities (May 2023)

19 May 2023

Canada: Sanctions against a Russian publishing company

08 Jun 2023

Canada: Sanctions against certain entities in the context of Russian invasion of Ukraine (June 2023)

19 Jul 2023

Canada: Sanctions on Russian entities and arms exports restrictions (July 2023)

19 Jul 2023

Canada: Government imposes sanctions on Russian news companies (July 2023)

22 Aug 2023

Canada: Additional sanctions against Russian military and nuclear sectors (August 2023)

20 Sep 2023

Canada: Additional sanctions against certain Russian entities (September 2023)

09 Nov 2023

Canada: Additional sanctions against Russia in the context of the invasion of Ukraine (November 2023)

05 Dec 2023

Canada: Restriction on the trade of diamond and related products with Russia

21 Feb 2024

Canada: Additional sanctions against Russia (February 2024)

29 Feb 2024

Canada: Additional restrictions on Russian diamond imports (February 2024)

16 May 2024

Canada: Sanctions against Russian entities in relation to the invasion of Ukraine and arms trade with North Korea (May 2024)

12 Jun 2024

Canada: Sanctions on certain Russian entities and trade restrictions related to the invasion of Ukraine (June 2024)

21 Feb 2025

Canada: Government announces new trade and financial sanctions on several entities and Russian "shadow fleet" (February 2025)

17 Jun 2025

Canada: Restrictions on trade with Russia and sanctions against the Russian quantum sector (June 2025)

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