“Today, in coordination with its allies and partners, Canada is announcing the first round of economic sanctions.

We prohibit Canadians from any financial activity with the so-called independent states of Lugansk and Donetsk, we impose sanctions against members of the Russian parliament who voted for the illegal decision to recognize the so-called republics, we prohibit Canadians from conducting transactions with the purchase of Russian government debt, ”Trudeau said.

Canadian authorities will also impose sanctions on two Russian banks.

Earlier, the US Treasury announced the imposition of sanctions against VEB, Promsvyazbank and 42 of their subsidiaries.

Sanctions have also been imposed on the children of Russian elites.