Canadian Prime Minister Justin Trudeau on Friday announced a new sanction on Russia stating that it must end in Putin’s failure.
PM Trudeau at a meeting of the XXVII Triennial Congress of Ukrainian Canadians in Winnipeg, Manitoba also announced Ukraine sovereignty bonds.
As per Anadolu’s report, Trudeau stated “Canadians will now be able to go to major banks to purchase their sovereignty bonds which will mature after five years with interest.”
Through the International Monetary Fund, money from the five-year bonds, which are backed by the Canadian government, will be sent to Ukraine to assist with the maintenance of basic services like pensions and fuel purchases.
“It’s one more way Canadians can stand with Ukraine,” Trudeau said.
As per the PM office, this adds to the $2 billion (US$1.47 billion) in financial support that the Canadian government has provided to Ukraine so far this year.
The new sanctions on Ukraine also target 35 Russian officials.
The PMO statement stated that Canada also intended to impose fresh sanctions on Russian law enforcement and security personnel, as well as prosecutors, judges, and prison guards who were “involved in gross and systematic human rights violations against Russian opposition leaders.”
Canada has already imposed sanctions on more than 1,400 people and organizations.
Significantly, Trudeau made the bond and sanctions announcement in Manitoba because nearly 12,000 Ukrainians have settled there since the Russia-Ukraine War started in February.
