Canada Tuesday announced new sanctions on Russia to increase pressure on the country and to help Ukraine. 

Prime Minister (PM) Mark Carney, met with the President of Ukraine, Volodymyr Zelenskyy, on the margins of the 2026 G7 Leaders’ Summit in Évian, France and announced sanctions  targeting Russia’s shadow fleet, energy revenues, defence-industrial, and disinformation actors.

This package will target a total of 162 individuals, entities, and vessels – all assets of the Russian war machine. The Prime Minister also underscored Canada’s efforts to establish the Defence, Security, and Resilience Bank to provide multi-year, low-cost financing for defence, security, and resilience initiatives.

PM  Carney strongly condemned Russia’s latest attack on Kyiv, including the strike on the Kyiv Pechersk Lavra monastery, a sacred site in Ukraine and Eastern Christianity.

The PM  reaffirmed Canada’s continued commitment to supporting Ukraine and maintaining pressure on Russia. This year alone, Canada has provided $2.8 billion in military assistance to Ukraine and renewed Operation UNIFIER, enabling the Canadian Armed Forces to continue training Ukrainian soldiers. Since 2014, we have also imposed sanctions on over 3,400 individuals and entities as well as over 600 vessels to hold Russia accountable.

Prime Minister Carney underlined Canada’s support for Ukraine’s reconstruction, including opportunities to leverage Canadian expertise in energy, infrastructure, and clean technology, and noted the importance of continued reform to bolster Ukraine’s resilience.