On 16 September 2014, Canada added four individuals and six entities to its list of persons subject to travel bans and asset freezes in connection with the ongoing crisis in Ukraine. The Canadian Minister for Foreign Affairs, John Baird, stated: “[W]e have seen no evidence of progress on our calls for the Putin regime to end its support to the armed militants.”

The list of newly designated individuals consists of senior officials in the Russian Armed Forces: (1) General Dmitry Vitalievich Bulgakov; (2) Lieutenant-General Yuriy Eduardovich Sadovenko; (3) Colonel-General Nikolay Bogdanovskiy; and (4) Colonel-General Oleg Leonidovich Salyukov.

The list of newly designated entities consists of: (1) OJSC Dolgoprudny Research Production Enterprise; (2) JSC Kalinin Machine-Building Plant; (3) Mitischinskii Machine-Building Plant OAO; (4) V. Tikhomirov Scientific Research Institute of Instrument Design; (5) Marine Scientific Research Institute of Radioelectronics Altair; and (6) Sberbank.

Additional restrictions have also been added to the terms under which designated Russian banks can access capital markets. Canada has now prohibited the issuance of any loan carrying a maturation date greater than 30 days.

Government of Canada Press Release