Global Trade Alert
Global Trade Alert

Canada: Sanctions against Russian entities and shadow fleet vessels (June 2026)

Announcement

12 Jun 2026

In June 2026, the government of Canada announced amendments to the Special Economic Measures (Russia) Regulations. The amendments introduce targeted sanctions against 34 entities and 121 shadow fleet vessels to restrict Russia's defence-industrial base and energy revenues.

Source

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

12 Jun 2026

Revocation date:

No revocation date

Announced: 12 Jun 2026
Foreign customer limit In force

Recent update from 17 Jul 2026:

On 12 June 2026, the government of Canada introduced a foreign customer limit targeting 121 vessels associated with Russia. The amendment adds 121 vessels from Russia's 'shadow fleet' to Schedule 1...

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Announced: 12 Jun 2026
Controls on commercial transactions and investment instruments In force

Recent update from 17 Jul 2026:

On 12 June 2026, the Government of Canada implemented new controls on commercial transactions and investment instruments targeting 34 entities linked to the Russian defence and nuclear sectors. The...

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