Sanctions: Canada Hits Russia Hard

Canada targets 300+ new designations and trade bans in one of its toughest sanctions packages since 2022. Are you prepared?

Introduction

As a Sanctions Compliance professional, you know that sanctions are fast-moving, often politically charged, and always legally binding. Canada’s newest sanctions package against Russia, enacted in June 2025, exemplifies just how serious the global compliance landscape has become. With sweeping new restrictions targeting individuals, entities, vessels, and trade, this development is a wake-up call for all trade compliance, OFAC, and OFSI professionals.

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Key Questions Covered in This Blog

Part I – New Listings

• Who are the 77 individuals and 39 entities added to Canada’s sanctions list?

• Why are 201 ships now designated, and what makes up Russia’s "shadow fleet"?

Part II – New Trade Measures

• What new Russian goods are banned from import into Canada?

• What are the new export restrictions, including chemicals and jet fuel?

• Are there exceptions for contracts or goods in transit?

Part III – Other

• What are the updated disclosure rules for sanctioned property?

• How does this affect Canadian compliance obligations and penalties?

"Canada has gone from reactive to assertive—this sanctions package signals a proactive, zero-tolerance stance against economic enablers of Russian aggression."Arne Mielken, Managing Director, Customs Manager Ltd

Abbreviations Used In This Blog

• SEMA – Special Economic Measures Act

• RCMP – Royal Canadian Mounted Police

• CSIS – Canadian Security Intelligence Service

• OFSI – UK Office of Financial Sanctions Implementation

• OFAC – U.S. Office of Foreign Assets Control

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Part I – New Listings

Who are the 77 individuals and 39 entities added to Canada’s sanctions list?

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