The Regulations also prohibit the export, sale, supply or shipping of goods listed in Schedule 4, to Russia or to any person in Russia for their use in offshore oil (depth greater than 500m), shale oil or Arctic oil exploration and production. The Regulations prohibit any ship that is registered in Russia or used, leased or chartered, in whole or in part, by or on behalf of or for the benefit of Russia, a person in Russia or a designated person from docking in Canada or passing through Canadian waters. Additionally, the Regulations prohibit any person in Canada or Canadians abroad from dealing in new securities in relation to persons listed in Schedule 2. With some exceptions, they prohibit any person in Canada and Canadians abroad from dealing in new debt of longer than 30 days maturity in relation to persons listed in Schedule 2, or 90 days maturity in relation to persons listed in Schedule 3. The Regulations also impose restrictions on certain sectors, such as the financial and energy sectors. The individuals listed in Part 1.1 of Schedule 1 to the Regulations are also inadmissible to Canada under the Immigration and Refugee Protection Act.

provide any financial or related service to, or for the benefit of, a designated person listed in Schedule 1.make any goods, wherever situated, available to a designated person listed in Schedule 1.provide any financial or other related services in respect of such a dealing.enter into or facilitate, directly or indirectly, any transaction related to such a dealing.deal in any property, wherever situated, held by or on behalf of a designated person whose name is listed in Schedule 1.

It is prohibited for any person in Canada and any Canadian outside Canada to: The Regulations impose an asset freeze and dealings prohibition on designated persons listed in Schedule 1, which include both individuals and entities. On March 17, 2014, the Special Economic Measures (Russia) Regulations (“the Regulations”) came into force. Sanctions related to Russia were imposed under the Special Economic Measures Act in order to respond to the gravity of Russia’s violation of the sovereignty and territorial integrity of Ukraine, and grave human rights violations that have been committed in Russia.

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