Canada imposed sanctions on five Russian individuals including billionaire Roman Abramovich and is barring 32 Russian companies and government entities from receiving defense equipment or supplies from Canada, Prime Minister Justin Trudeau said in Warsaw on Friday.
The Canadian operations of Russian steelmaker Evraz, of which Abramovich is the largest shareholder, will not be affected by the move, Trudeau said at a news conference.
"The sanctions on Russian officials and oligarchs like Abramovich are directed at them so that they cannot profit or benefit from economic activities in Canada or the hard work of Canadians working in companies that they have investments in," Trudeau said.
"We are obviously going to watch carefully but we are confident that this will not impact the hard working Canadians who are doing good work in companies across the country."
Reuters
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