2023-01-31 23:26:49

NDP calls Russian sanctions ‘political theatre’ as data shows little action on assets

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Global News
By The Canadian Press

The NDP is accusing the Liberals of basing their sanctions regime on “political theatre” as data suggest few funds have been frozen and none have been seized.

“This government constantly pats themselves on the back for adding individuals to the sanctions list,” NDP MP Heather McPherson said Tuesday in the House of Commons.

“The Liberals claim sanctions are a key piece of our foreign response, but there is no enforcement, there’s no investigation and there is almost no seizing of assets.”

The federal government has been announcing sanctions almost weekly that bar people associated with authoritarian regimes from having financial dealings in Canada and from entering the country.

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Yet publicly released RCMP data show barely any change in the amount of money frozen in Canadian bank accounts between June and December of last year, despite hundreds of people being added to sanctions lists.

As of June 7, Canada had ordered frozen $123 million in assets within Canada, and $289 million in transactions had been blocked, both under sanctions prohibitions related to Russia.

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