Al Mayadeen English

  • Ar
  • Es
  • x
Al Mayadeen English

Slogan

  • News
    • Politics
    • Economy
    • Sports
    • Arts&Culture
    • Health
    • Miscellaneous
    • Technology
    • Environment
  • Articles
    • Opinion
    • Analysis
    • Blog
    • Features
  • Videos
    • NewsFeed
    • Video Features
    • Explainers
    • TV
    • Digital Series
  • Infographs
  • In Pictures
  • • LIVE
News
  • Politics
  • Economy
  • Sports
  • Arts&Culture
  • Health
  • Miscellaneous
  • Technology
  • Environment
Articles
  • Opinion
  • Analysis
  • Blog
  • Features
Videos
  • NewsFeed
  • Video Features
  • Explainers
  • TV
  • Digital Series
Infographs
In Pictures
  • Africa
  • Asia
  • Asia-Pacific
  • Europe
  • Latin America
  • MENA
  • Palestine
  • US & Canada
BREAKING
Al Mayadeen's correspondent in South Lebanon: An Israeli airstrike targeted the town of al-Majadel in the Tyre district
Al Mayadeen's correspondent in South Lebanon: The Israeli raid on Jbaa hit a multi-story civilian building near an infirmary in the town
Al Mayadeen's Plus sources: Committee will strike articles on freezing finances of a number of international entities and parties which were mistakenly added to first decision.
Al Mayadeen Plus sources: Committee will fix error in decision pertaining to terror organization funds.
Al Mayadeen Plus sources: Iraq's Committee for Freezing Terrorists' Assets to hold emergency meeting today.
Al Mayadeen's correspondent in South Lebanon: Israeli strike targets Mahrouna, Tyre District.
Israeli media commenting on Abu Shabab: This is a negative development for "Israel".
Israeli media: Yasser Abu Shabab, cohorts, killed in Rafah, southern Gaza.
The Iraqi Official Gazette will issue a correction to remove the wrongly listed parties and entities from the terrorism-related designation
Several political parties and entities were mistakenly included in the published list despite having no connection to terrorist activity

New Canada sanctions cannot affect Russian Economy - Envoy in Ottawa

  • By Al Mayadeen English
  • Source: Agencies
  • 28 Jun 2022 00:02
3 Min Read

Russia's Ambassador, Oleg Stepanov, reveals that Canada's new sanctions against Russia are "symbolic."

  • x
  • New Canada sanctions cannot affect Russian Economy- Envoy in Ottawa 
    New Canada sanctions cannot affect Russian Economy- Envoy in Ottawa 

Russia's Ambassador to Canada, Oleg Stepanov, said that Canada's latest sanctions against Russia are symbolic and will have no effect on the Russian economy. 
 
Earlier in the day, Canada sanctioned six individuals and 46 entities associated with Russia's defense sector, as well as over two dozen individuals and entities in Belarus and Ukraine.

According to the statement, Canada has also moved to prohibit the export of certain advanced technologies to Russia, including quantum computers and advanced manufacturing equipment, and has expressed intent to sanction Russian-state-sponsored "disinformation agents."

Read next: Canada, UK introduce new sanctions against Russia
 
"Apparently, the Canadian side cannot offer anything good, constructive, so they enthusiastically took on a destructive role and are playing it with pleasure," Stepanov said. "But I want to emphasize once again that all these sanctions are absolutely empty symbolism because they cannot have any effect on the Russian economy." The diplomat expressed the belief that sanctions will have a zero effect. 
 
"It is difficult to take it seriously because the inclusion of high-tech companies from Russia in this sanctions list will not have any impact either on them or the Russian side. It is quite obvious that in their activities they did not and would not have any business contacts with the Canadian side, so another expansion of the list is another gesture of empty symbolism of the Trudeau cabinet." 

Read next: Trudeau: Canada to impose sanctions on Russian individuals
 
When asked if he was invited to the Canadian Foreign Ministry to learn about the announcement, he said no, Stepanov replied, adding, "We have already passed this period." 
 
"Now the Trudeau cabinet is stamping these sanctions in an automatic mode," he said. "In fact, if you remember, some time ago, Minister of Foreign Affairs Melanie Joly publicly promised to issue some kind of regular anti-Russian measures every week or two. This is what the Canadian government seems to be doing now in an automatic mode." 
 
Stepanov added that this "unfriendly and hostile" step by Canada will be met with a response. The diplomat noted that trade and economic relations between Russia and Canada are completely destroyed, while the Trudeau cabinet is being guided by the need to "show off in front of their Western allies" and the local Ukrainian community. 
 
The Group of Seven leaders, who are meeting in Germany for their 2022 summit, have agreed to put more pressure on Russia by imposing new sanctions on Moscow and its allies. 

Read next: G7 touts $600 bn global infrastructure plan to rival China

  • Oleg Stepanov
  • Canada
  • G7
  • Germany
  • Russia
  • United States

Most Read

13 elite Israeli troops were wounded in a confrontations in Beit Jinn, Syria.

13 elite Israeli troops wounded in confrontations in southern Syria

  • West Asia
  • 28 Nov 2025
Russia and China are not part of the Resistance Front, but they are playing an important role in building structures to bypass US power and thus facilitate a multipolar and freer world. (Al Mayadeen English; Illustrated by Zeinab el-Hajj)

The Resistance Front and BRICS

  • Opinion
  • 29 Nov 2025
Four killed, ten wounded in targeted California shooting in Stockton

Four killed, 10 wounded in 'targeted' California shooting

  • US & Canada
  • 30 Nov 2025
Point-blank killings: 'Israel' executes 2 Palestinian youths in Jenin

Graphic footage: IOF execute 2 Palestinians from point blank in Jenin

  • Politics
  • 27 Nov 2025

Coverage

All
In Five

Read Next

All
Security at the al-Afad camp for displaced people in the town of al-Dabba, northern Sudan, on 26 November 2025 (AP)
Politics

Amnesty calls out RSF war crimes as fighting in Sudan spreads

People protest against Israeli Prime Minister Benjamin Netanyahu outside a court in occupied Jaffa on Monday, December 1, 2025, a day after he asked the country's president for a pardon amid his ongoing corruption trial. (AP Photo/Ohad Zwigenberg)
Politics

Netanyahu trial reveals deep failures in Israeli governance: Atlantic

A Russian fighter jet taxi on the tarmac of the Hmeimim Air Base, a Syrian airbase currently operated by Russia, located southeast of the city of Latakia in the town of Hmeimim, Syria, on Monday, Dec.16, 2024 (AP)
Politics

Russian military bases in Syria remain operational: Russia Deputy FM

Israeli soldiers work on tanks at a staging area on the border with Gaza Strip, Occupied Palestine, Tuesday, Nov. 18, 2025 (AP)
Politics

Four Israeli soldiers injured, one seriously, in Rafah confrontations

Al Mayadeen English

Al Mayadeen is an Arab Independent Media Satellite Channel.

All Rights Reserved

  • x
  • Privacy Policy
  • About Us
  • Contact Us
  • Authors
Android
iOS