Canada adds 62 Russian entities and individuals to sanctions list, targeting missile and cyber programs

In brief

• Canada added 38 entities and 24 individuals to its Russia sanctions list on Monday, 9 November.
• The targets include firms tied to ballistic missile technology and people linked to Russian cyber operations.
• Ottawa also targeted crypto exchanges it says help finance Russia's war economy.

New listings target missile and cyber capabilities

Anand announced the package on the sidelines of the G7 meeting in Paris. Ottawa said it is adding 38 entities and 24 people to its sanctions list, aiming to weaken Russia's military capacity by hitting parts of its defence-industrial base. (Kanada skelbia apie papildomas sankcijas Rusijai – Diena.lt) (Канада запровадила санкції проти російських виробників балістики та організаторів кібердиверсій – Українська правда) The designations include companies involved in developing ballistic missile technology and individuals linked to Russian cyber operations. (Канада розширила санкції проти Росії – Європейська правда)

Crypto exchanges in the crosshairs

Ottawa also said the measures are meant to raise Russia's economic costs of the war against Ukraine. Financial intermediaries are targeted, in particular cryptocurrency exchanges that Canada says help keep Russia's war economy running. (Kanada rozšírila sankcie proti Rusku, cieli na vývoj balistických rakiet – HNonline.sk) Officials say Russia relies on networks that evade existing sanctions to sustain its military operations.

Anand links move to strikes on Ukrainian cities

In a statement, Anand said Canada was acting to undermine Putin's ability to strike Ukrainian cities and that Ottawa would keep sanctioning Russia until it stops its aggression and respects Ukraine's sovereignty and territorial integrity.

Earlier steps in the same campaign

The new package follows earlier Canadian measures. In August, Canada sanctioned a defence company that supplied Russia's military-industrial complex. In September, it added eight more Russians accused of unlawful deportation and forced transfer of Ukrainian children, as well as their indoctrination and militarisation.