Canada has amended and updated the list of persons whose assets are subject to freezing under the Freezing Assets of Corrupt Foreign Officials (Tunisia and Egypt) Regulations. These changes took effect as of December 14, 2012, which is the date the amending Regulations were registered (SOR/2012-284).
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Canadian Economic Sanctions
The imposition of economic sanctions against foreign States and non-State actors remains an important instrument for the international community in the enforcement of international norms and laws. Sanctions can encompass a wide variety of measures, including limitations on official and diplomatic contacts or travel, the imposition of legal measures to restrict or prohibit trade or other economic activity between Canada and the target state, or the seizure or freezing of property situated in Canada. In order to maximize the effectiveness of a sanctions regime, particularly one involving trade and economic measures, Canadian policy seeks to ensure that sanctions measures are applied multilaterally whenever possible.
Minister Baird announced further sanctions against Iran under the Special Economic Measures Act in response to Iran's continued lack of cooperation with the IAEA and the P5+1 group (UNSC permanent members + Germany), which has engaged in negotiations with Iran on its nuclear program, and to maintain unity and consistency with the latest measures adopted by the European Union and other countries.
In response to the continued gravity of the situation in Syria, Canada imposed further sanctions against Syria under the Special Economic Measures Act. The measures further expand Canada’s targeted sanctions against the Syrian regime and those that provide it with support.
If you have any comments, questions or suggestions relating to this page, please e-mail: sanctions@international.gc.ca.
