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Update on Russia economic sanctions


On May 18, 2022, Canada further amended the Special Economic Measures (Russia) Regulations to prohibit the export of certain luxury goods and goods that could be used in the manufacturing of weapons to Russia, to prohibit the import of certain luxury goods from Russia, and to list an additional 14 oligarchs, close associates of the Russian regime, and members of their families.

Luxury goods — Import
(3) It is prohibited for any person in Canada and any Canadian outside Canada to import, purchase or acquire any good referred to in column 1 of Part 2 of Schedule 6, wherever situated, from Russia or from any person in Russia.

Examples of Russian origin goods prohibited from importing into Canada include fish, caviar, vodka and diamonds.

For more information, contact Brian Rowe, Director – Customs Compliance & Regulatory Affairs.

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