Canada to issue five-year Ukrainian sovereign bonds, continue to expand sanctions on Russia

Canadian Prime Minister Justin Trudeau attended the Ukrainian Canadian Conference in Winnipeg, the capital of Manitoba, on October 28, local time. He announced that the Canadian government will issue five-year Ukrainian sovereign bonds, with the funds provided to Ukraine through an account managed by the International Monetary Fund (IMF).

In addition, Canada continues to expand sanctions against Russia. The round targets 35 Gazprom officials and six Russian energy industry entities. In addition, Canada is considering sanctions against members of the Russian justice and security services, including police officers, investigators, prosecutors, judges and prison officials. To date, Canada’s sanctions against Russia have involved more than 1,400 entities and individuals.