Canada Imposes Sanctions on 16 Russian 'Entities'
Published: May 5, 2014 (Issue # 1808)
Canada has imposed sanctions against 16 more Russian "entities" in response to what Prime Minister Stephen Harper described as Russia's "illegal occupation of Ukraine."
The latest sanctions are intended to "increase economic pressure on Russia and those responsible for the crisis in Ukraine," Harper said Sunday in a statement published on his government's website.
"Russia's illegal occupation of Ukraine and provocative military activity remains a serious concern to the international community," Harper said in the statement, adding that Canada and its Western allies "will take further actions if Ukraine's sovereignty and territorial integrity continues to be threatened."
The statement by Harper's office did not specify the 16 "entities" that the new sanctions would cover.
Itar-Tass however, reported without citing any sources that all the entities were Russian companies, rather than individuals. The news agency said that they included TPS Avia Group — a company owned by a group of businessmen including Arkady Rotenberg, who has already been targeted by U.S. sanctions — InvestCapitalBank, Sobinbank and others.
Canada has issued a series of sanctions against Russian officials and companies since the annexation of Crimea in March, including nine Russian individuals and two banks sanctioned last week. The European Union and the U.S. have also imposed similar measures.
Correction: TPS Avia Group was, in fact, not included on the list of Russian entities sanctioned by the Canadian government .