Canada Sanctions 38 Entities, 24 Russian Figures

Ottawa targets military, cyber and crypto networks tied to Russia's war effort in Ukraine.

Updated on Nov. 9, 2026 in Cybersecurity

Bold flat-color editorial illustration of a tall stepped institutional facade silhouetted in deep red with a heavy chain draped across its base, evoking state restriction on Russia's war financing. — Canada sanctioned 38 entities and 24 individuals on Monday, November 9, 2026, targeting Russian military, missile, cyber, and crypto networks supporting Russia's war in Ukraine. AI Illustration. Upload story photo >

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Should Canada keep imposing sanctions on Russia over its war in Ukraine?

Canada imposed sanctions on 38 entities and 24 individuals linked to Russia's military and financial networks, announced by Foreign Affairs Minister Anita Anand on the sidelines of the G7 Foreign Ministers' Meeting in Paris. Targets include actors tied to ballistic missile development, Russian cyber activities and cryptocurrency exchanges that help Russia evade sanctions.

Why it matters

The measures are intended to weaken Russia's defence industrial base and restrict its ability to sustain military operations in Ukraine. Canada says it will keep working with allies to increase pressure on entities supporting Russia's military.

The designation covers 38 entities and 24 individuals under Canada's Special Economic Measures (Russia) Regulations. The extraction does not report how many of the targeted cyber or cryptocurrency actors are tied to specific intrusions or transactions.

The players

Anita Anand

Anita Anand is Canada's Minister of Foreign Affairs, who announced the sanctions on behalf of the Government of Canada.

The details

The sanctions target actors involved in ballistic missile technology, Russian cyber operations and financial enablers such as cryptocurrency exchanges that Canada says help Russia evade sanctions. They were announced on Monday, November 9, 2026, under Canada's Special Economic Measures (Russia) Regulations.

• November 9, 2026: Canada announces the sanctions on the sidelines of the G7 Foreign Ministers' Meeting in Paris.

Roadmap

Canada's designations use its Special Economic Measures (Russia) Regulations to extend sanctions beyond military suppliers into cyber activity and cryptocurrency exchanges. Ottawa says it will continue to impose costs on Russia until it ends its aggression in Ukraine.

Canadians dealing with crypto exchanges or cross-border payments may see tighter compliance checks on transactions linked to sanctioned entities. The designations do not change everyday consumer prices or access to digital services directly.

The takeaway

Sanctions are increasingly reaching the digital infrastructure that moves money and technology, not just physical goods. Businesses handling crypto or cross-border payments should review their screening practices against updated designation lists.