Canada strengthens oil price cap measures to curb Russian war revenues



The Honourable Anita Anand, Minister of Foreign Affairs, and the Honourable François-Philippe Champagne, Minister of Finance and National Revenue, today announced amendments to the Special Economic Measures (Russia) Regulations to further reduce revenues flowing to Russia from its oil exports. These amendments follow a commitment made by Canada on August 8, 2025, to lower the price cap for Russian oil, after the European Union and the United Kingdom announced similar measures.



Source link

  • Related Posts

    Actor Elle-Máijá Tailfeathers returns award to Toronto film critics group, says her speech was censored

    TORONTO — Elle-Máijá Tailfeathers says she is returning her Toronto Film Critics Association Award after a portion of her acceptance speech expressing support for Palestine was cut out. The TFCA’s…

    Noem defends Homeland Security Department in post-shooting appearances before Congress

    WASHINGTON (AP) — Homeland Security Secretary Kristi Noem wrapped up two days of scrutiny in Congress on Wednesday, appearing for the first time in front of lawmakers since the shooting…

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    You Missed

    FirstRand Interim Profit Rises to Record as Loans, Fees Climb

    ‘I’m on medication and running out’: Canadians scramble to leave Middle East

    ‘I’m on medication and running out’: Canadians scramble to leave Middle East

    United Airlines To Become 2nd Airbus A321neo Operator At This Southern California Airport

    United Airlines To Become 2nd Airbus A321neo Operator At This Southern California Airport

    27 Chic Finds From the Revolve One-Day Sale in March 2026

    27 Chic Finds From the Revolve One-Day Sale in March 2026

    WATCH: Grammys florist shares tips to keep blooms fresh

    WATCH:  Grammys florist shares tips to keep blooms fresh

    McConchie takes two in two as New Zealand make early inroads

    McConchie takes two in two as New Zealand make early inroads