Announcement
02 Sep 2022
In September 2022, the government of Canada announced a commitment to imposing a "price cap" on Russia's oil and petroleum products, together with the other G-7 countries.
Source
Sign in to access
Number of interventions
1
1 certainly harmful
0 likely harmful
0 liberalising
List of interventions
Implementation date
02 Sep 2022
Revocation date:
No revocation date
Updated: 02 Sep 2022
Import-related non-tariff measure, nes
In force
On 2 September 2022, the Canadian government confirmed the G-7 commitment to introduce a price cap on Russian oil and petroleum products. The confirmation was part of the G7 leaders' joint statement o...
Sign in to see more
Related State Acts
17 Jun 2025
Canada: Sanctions on various firms and vessels under the Special Economic Measures (Russia) Regulations (June 2025)
17 Jun 2025
Canada: Restrictions on trade with Russia and sanctions against the Russian quantum sector (June 2025)
21 Feb 2025
Canada: Government announces new trade and financial sanctions on several entities and Russian "shadow fleet" (February 2025)
16 May 2024
Canada: Sanctions against Russian entities in relation to the invasion of Ukraine and arms trade with North Korea (May 2024)
21 Feb 2024
Canada: Additional sanctions against Russia (February 2024)
09 Nov 2023
Canada: Additional sanctions against Russia in the context of the invasion of Ukraine (November 2023)
20 Sep 2023
Canada: Additional sanctions against certain Russian entities (September 2023)
22 Aug 2023
Canada: Additional sanctions against Russian military and nuclear sectors (August 2023)
19 Jul 2023
Canada: Sanctions on Russian entities and arms exports restrictions (July 2023)
19 May 2023
Canada: Sanctions against a Russian publishing company
11 Apr 2023
Canada: New sanctions on Russian companies (April 2023)
10 Mar 2023
Canada: Import ban on Russian aluminium and steel
03 Feb 2023
Canada: Price cap on seaborne petroleum products from Russia
03 Feb 2023
Canada: Sanctions against more Russian media entities
28 Oct 2022
Canada: Government sanctions more Russian energy companies
14 Oct 2022
Canada: Government imposes sanctions on the Russian state-owned TV network
06 Oct 2022
EU: Adoption of a price cap mechanism for Russian crude oil and petroleum products, as well as additional trade sanctions
02 Sep 2022
Japan: Finance Ministry echoes G7 statement committing to price cap on Russian oil imports
02 Sep 2022
United Kingdom: Prohibition of services to Russia’s seaborne oil exports above an agreed price cap
02 Sep 2022
United States of America: Prohibition of services to Russia’s seaborne oil exports above an agreed price cap
Threads
See all
This state act is not part of any Thread yet.