Skip to Main content

11.91°^C Vancouver

News Entertainment Videos Shows Podcast Contact Us

Mar 1, 2022 10:28 PM - The Canadian Press

Freeland says new Russia sanctions coming, will choke off Putin's ability to fund war

Share On

Finance Minister Chrystia Freeland says co-ordinated sanctions against Russia by G7 countries will go even further in the coming days, choking off President Vladimir Putin's ability to fund his war on Ukraine.

Freeland says she spoke with her G7 counterparts this morning, joined by Ukraine's "tired but determined" finance minister, who assured them his country would win the war as he spoke from a windowless room furnished with a spartan cot and a blue and yellow flag taped to the wall.

She says existing sanctions are the most serious and stringent ever imposed on a major economy and new measures will keep targeting the institutions and individuals enabling Putin to advance his attack.

Freeland says G7 countries understand the stakes of this great conflict between democracy and dictatorship.

She says Putin has made a grave and historic error and this is not the behaviour of a superpower but the last gasp of a failing kleptocracy.

Defence Minister Anita Anand also says Canada will provide another 1,600 fragmentation vests and just under 400,000 meal packs to Ukraine in addition to previously announced military aid.

Latest news

b-c-finance-minister-urges-ottawa-to-match-auto-sector-aid-with-support-for-forestry-industry

B.C. finance minister urges Ottawa to match auto-sector aid with support for forestry industry

British Columbia’s Finance Minister Brenda Bailey is urging the federal government to provide the same level of support for the province’s forestry sector as it does for Ontario’s automobile industry. Bailey said she welcomes the overall direction of the federal budget released today, which she believes aligns with several of B.C.’s priorities. However, she emphasized that the province’s softwood lumber industry continues to face “extraordinary” duties and tariffs of more than 45 per cent, putting workers and communities under significant pressure. Her remarks followed an emergen

conservatives-and-bloc-québécois-to-vote-against-federal-budget

CanadaNov 05, 2025

Conservatives and Bloc Québécois to Vote Against Federal Budget

The Conservative Party and the Bloc Québécois say they will not support the Liberal government’s new federal budget, narrowing Prime Minister Justin Trudeau’s options to keep his minority government afloat. Conservative Leader Pierre Poilievre called the budget “an inflationary plan” and said his party cannot back what he described as a costly proposal. He said Conservatives wanted a budget that would make life more affordable for Canadians and announced plans to introduce an amendment aimed at restoring affordability. With both the Conservatives and Bloc Québécois opposed, the Lib

zohraan-mamdani-becomes-new-york-citys-first-muslim-mayor-after-defeating-andrew-cuomo

WorldNov 05, 2025

Zohraan Mamdani becomes New York City’s first Muslim mayor after defeating Andrew Cuomo

Democratic Party candidate Zohraan Mamdani has been elected as the new mayor of New York City, marking a historic moment as the first Muslim and Indian-origin person to lead the largest city in the United States. Mamdani, who previously served as a state assembly member, defeated former Governor Andrew Cuomo in a closely watched mayoral race. Cuomo ran as an independent candidate after Mamdani replaced him on the Democratic ticket earlier this year. The campaign gained national attention after former President Donald Trump publicly endorsed Cuomo, warning that Mamdani’s leadership would brin

AlbertaNov 05, 2025

Anglican Diocese questions Alberta's use of notwithstanding clause on teachers

The Anglican Diocese of Edmonton is questioning the Alberta government’s decision to invoke the notwithstanding clause to end the ongoing provincewide teachers strike, saying the move could have troubling implications for democratic freedoms. Bishop Stephen London said in an open letter that while he does not wish to engage in partisan politics, the use of the clause to suspend Charter rights undermines fundamental freedoms such as freedom of association. He warned that limiting one group’s rights could have broader consequences for freedom of conscience and religion across Canada. The Uni

nova-scotia-mp-chris-dentremont-quits-conservatives-joins-carney-liberals-after-budget

CanadaNov 05, 2025

Nova Scotia MP Chris d’Entremont quits Conservatives, joins Carney Liberals after budget

Nova Scotia Conservative MP Chris d’Entremont has crossed the floor to join Prime Minister Mark Carney’s Liberal government, marking a significant political shift ahead of crucial budget votes in Ottawa. In a statement released late Tuesday, the Liberal Party confirmed that d’Entremont resigned from Conservative Leader Pierre Poilievre’s caucus following the tabling of the 2025 federal budget. The Acadie–Annapolis MP said the government’s spending plan reflected “the priorities I have heard most in my riding,” including investments in community infrastructure and local economic

Related News

Conservatives and Bloc Québécois to Vote Against Federal Budget

Conservatives and Bloc Québécois to Vote Against Federal Budget

The Conservative Party and the Bloc Québécois say they will not support the Liberal government’s new federal budget, narrowing Prime Minister Justin Trudeau’s options to keep his minority government afloat. Conservative Leader Pierre Poilievre called the budget “an inflationary plan” and said his party cannot back what he described as a costly proposal. He said Conservatives wanted a budget that would make life more affordable for Canadians and announced plans to introduce an amendment aimed at restoring affordability. With both the Conservatives and Bloc Québécois opposed, the Lib

Nova Scotia MP Chris d’Entremont quits Conservatives, joins Carney Liberals after budget

Nova Scotia MP Chris d’Entremont quits Conservatives, joins Carney Liberals after budget

Nova Scotia Conservative MP Chris d’Entremont has crossed the floor to join Prime Minister Mark Carney’s Liberal government, marking a significant political shift ahead of crucial budget votes in Ottawa. In a statement released late Tuesday, the Liberal Party confirmed that d’Entremont resigned from Conservative Leader Pierre Poilievre’s caucus following the tabling of the 2025 federal budget. The Acadie–Annapolis MP said the government’s spending plan reflected “the priorities I have heard most in my riding,” including investments in community infrastructure and local economic

Federal budget forecasts $78B deficit as Liberals shift spending plan

Federal budget forecasts $78B deficit as Liberals shift spending plan

The Carney government presented its first budget today, nearly seven months after taking office. The 406-page budget promises to make Canada stronger. It also outlines that Canada's deficit this year will be $78.3 billion. However, the budget deficit is projected to reach $56.6 billion by 2029-2030. This budget is promising $141 billion in new spending over the next five years in new measures and promises that this spending will result in $51.2 billion in savings. The government's largest expenditure includes defense spending, which includes $20.4 billion in military recruitment and retention

Legals

Journalism code of ethics

© 2021 AKASH Broadcasting Inc.

MANAGED BY STRATWIT

useful links

Accessibility Plan

BC Children's Hospital