Canada’s Minister of Foreign Affairs, Stéphane Dion, announced on January 26, 2016 that Canada will be lifting some of its economic sanctions against Iran. This announcement comes shortly after the United States and the European Union began lifting their sanctions brought in against Iran’s nuclear program. For Canada, this announcement means that Canadian companies would be allowed to join US and EU companies who are rushing to do business with Iran. Dion has said that that Canada will remain suspicious of the Iranian regime and work in conjunction with allies to ensure that nuclear activity is prevented.