Canada expands Russia sanctions: 15 new individuals, 35 new entities, 121 new ships added to blocked lists

Plain-language summary · AI-assisted · not legal advice

Canada has significantly expanded its Russia sanctions regime by adding 15 new named individuals (entries 1609–1623) and 35 new entities (entries 827–861) to the blocked lists, including drone-related companies, Russian financial exchanges, insurance entities, and shipping firms. An additional 121 vessels (entries 611–731) have been added to the restricted ships schedule, covering a wide range of tankers, bulk carriers, and general cargo ships. One previously listed individual (entry 1509, Anatoly Chubais) has been removed from the list. Two procedural provisions that previously required the Minister to decide on delisting applications within 90 days and notify applicants promptly have been repealed, meaning those specific timelines and notice obligations no longer apply. Several schedule headings have been updated to clarify the direction of trade restrictions (e.g., 'Export, Sell, Supply or Ship' or 'Import, Purchase or Acquire'), and a number of tariff code references have been corrected or broadened to chapter-level codes. Businesses and individuals dealing with any of the newly listed parties, ships, or affected goods categories should review their transactions and supply chains for compliance.

Who this affects: Canadian businesses trading goods with or involving Russia · Shipping companies and vessel operators · Financial institutions and insurers with Russia-linked counterparties · Importers and exporters of controlled goods · Compliance and legal teams managing sanctions screening