Canada is imposing more sanctions on two Russian companies and nine individuals, following a move by the United States earlier today to step up economic pressure on Russia over the crisis in Ukraine.
The names of the companies and individuals will be announced shortly, a government source said Monday.
"Our government has been very clear that any further intimidation or actions to de-stabilize the Ukrainian government will result in consequences," Prime Minister Stephen Harper said in a statement Monday.
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"The illegal occupation of Ukraine continues and Russia's military aggression persists.
A pro-Russian activist blocks the office of "Privatbank," whose owner is seen as backing the pro-Western government in Donetsk, Ukraine. Canada and the U.S. imposed new sanctions Monday against Russia, which is being blamed for unrest in Ukraine. (Efrem Lukatsky/Associated Press)
"Until Russia clearly demonstrates its respect for Ukraine's sovereignty and territorial integrity, Canada will continue to work with its allies and like-minded countries to apply pressure that will further isolate Russia economically and politically," Harper said.
The federal government will also announce today that six CF-18 fighter jets Canada is sending to assist NATO operations in Eastern Europe will be stationed in Romania, a government source told CBC News.
Harper announced the planes on April 17 in response to a request made by NATO. The CF-18s are expected to depart Tuesday from Bagotville, Que.
The United States announced its third round of sanctions Monday morning amid increasing violence in eastern Ukraine, slapping sanctions on seven Russian government officials and 17 companies linked to Russian President Vladimir Putin.
The U.S. also revoked licenses for some high-tech items that could be used by the Russian military.
The White House said this round of sanctions is in response to Putin's failure to follow through with the April 17 agreement in Geneva.
The seven individuals will be subject to a freeze on any assets they hold in the U.S. and a ban on travel. The 17 companies assets have been frozen.
More to come
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