oligarchs

The European Union relies heavily on Russia to supply nickel and other metals for electric vehicle batteries and other renewable technologies. War-related price increases and shortages of these metals could hinder Europe’s drive to sharply cut emissions by 2030 and beyond.

Advertising and public-relations agencies have been banned for working for Russian oil and gas firms as part of a new wave of sanctions designed to increase pressure on the Putin regime.

The federal government is working with G7 allies to craft new legislation that would allow for not just the freezing of sanctioned Russian assets, but seizing them on behalf of Ukrainian war victims.

Canada will soon impose new sanctions on Russia over its invasion of Ukraine, Foreign Affairs Minister Mélanie Joly said on Monday, March 21, 2022.