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Canada has blocked $ 328 million in Russian assets

The funds were in Russian accounts or included in agreements involving persons subject to sanctions.

Canada blocked Russian assets $ 328 million

Canada blocked Russia's assets by C $ 412.1 million ($ 328.6 million). In particular, these are assets that were in Russian accounts or included in agreements involving sanctioned persons who were subject to restrictions imposed due to Russia's invasion of Ukraine. This was reported by the Canadian police.

“From February 24 to June 7, assets in Canada totaling approximately the equivalent of 123,031,866.85 Canadian dollars were frozen, and transactions totaling approximately equivalent to 289,090 090.74 Canadian dollars have been blocked, “police said.

Given restrictions under the Privacy Act, police are currently unable to provide additional information on these figures. However, it is noted that the information will be updated periodically.

Read also: Canada and the United States will “double control” over exports of goods to Russia

Earlier it was reported that Canada has imposed new sanctions against Russia's oil, gas and chemical industries “in response to the ongoing blatant and unjustified invasion of Ukraine by Russian President Vladimir Putin.”

Restrictive measures include a ban on the export of 28 services vital these areas. In particular, they apply to technical, management, accounting and advertising services.

Source: ZN

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