Canada will impose additional sanctions against the Russian Federation - Canada's Foreign Minister Melanie Joly

This was announced by the Minister of Foreign Affairs of Canada, Melanie Joly, on Twitter.

"We are unwavering in our support for Ukraine. We will continue to target Russia’s coffers. We will not relent in pressuring the Russian regime." - she wrote. 

Canada's foreign policy department noted that the oil, gas, chemical and manufacturing sectors account for more than 50% of Russia's federal budget revenues, which it uses to wage its illegal and unprovoked war in Ukraine.

"These sanctions are a continuation of the serious sanctions that Canada continues to impose on the Russian regime, including the sanctions announced on July 8 by Minister Joly at the G20 meeting in Bali, Indonesia," - the website of the Canadian Ministry of Foreign Affairs states.

These new sanctions will apply to land and pipeline transport and the manufacturing of metals and of transport, computer, electronic and electrical equipment, as well as of machinery. Once the measures are in effect, Canadian businesses will have 60 days to conclude contracts with targeted industries and services.

"As such, to help deplete President Vladimir Putin’s war chest and further limit Russia’s ability to wage war, Canada will expand existing measures on the oil, gas and chemical sectors to include industrial manufacturing. These new measures will prohibit Canadian services to contribute to the production of goods made by these sectors." - it is noted.