Canada Blocks Further $320m Russian Assets

Kyiv Post | Aug 16, 2022 at 11:47 AM
  • On June 24, the Senate of Canada approved a draft law that provides for the confiscation and sale of assets of persons responsible for the full-scale invasion of Ukraine by Russia.
  • At the end of April, the House of Representatives approved a draft law providing for the confiscation of frozen assets of Russians subject to sanctions.
  • The head of EU diplomacy, European countries should consider withdrawing the frozen assets of the Central Bank of the Russian Federation and using them to rebuild Ukraine after the war.