The Canadian government considers introduction of more sanctions against China, Russia and Myanmar. There also will be restrictions affecting the illegally annexed Crimea.
"The Government of Canada also expanded the existing sanctions program in respect of Russia and Crimea to target additional individuals and entities. Specifically, on March 21, 2021, Canada amended the Special Economic Measures (Russia) Regulations (Russia Regulations) to designate nine new individuals in connection with human rights violations in Russia. Later, on March 29, 2021, the Russia Regulations and Special Economic Measures (Ukraine) Regulations (Ukraine Regulations) were both amended to target an additional two individuals and four entities in connection with the continued Russian occupation of the Crimea region", reads the article at JDSupra website.
"These amendments did not affect the sectoral sanctions under Schedules 2 and 3 of the Russia Regulations, which impose prohibitions on dealings in specific securities of Russian financial institutions and energy companies", the outlet added.
As is known, Russia invaded Crimea in March 2014 and annexed it, breaking the internationally recognized borders of Ukraine and illegally annexing the peninsula.