Canada giving itself power to pay out compensation from sanctioned foreign assets

  • 📰 globeandmail
  • ⏱ Reading Time:
  • 18 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 92%

Property Property Headlines News

Property Property Latest News,Property Property Headlines

Funds or property seized from Russians, for instance, could help Ukraine rebuild or used as compensation for those affected by the war

The Canadian government say it will change sanctions law so that assets of foreigners seized can be forfeited to the Crown and redistributed as compensation to affected victims or to help a foreign state rebuild from a war.

The change would make Canada’s sanctions laws the first among Group of Seven countries to allow such actions. “Already, sanctions are crippling Russia’s economy and are depleting the resources Putin has to continue his illegal war. We will continue to apply maximum pressure on the Putin regime and impose severe costs for this war of choice.”

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

This is piracy and will back fires

Thank you freedom convoy, we will enjoy spending your traitor funds

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 5. in PROPERTY

Property Property Latest News, Property Property Headlines