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Canada allows confiscation of Russian assets and their use for reconstruction of Ukraine.

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A Canadian law that came into effect on June 23 allows the confiscation of assets subject to sanctions due to Russia’s war, and their subsequent use to support Ukraine. Canada has blocked assets worth $328 million due to the sanctions.

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The Kyiv Independent news desk

We are the news team of the Kyiv Independent. We are here to make sure our readers get quick, essential updates about the events in Ukraine. Feel free to contact us via email with feedback and news alerts.

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"Ukraine is a country that has played the role of a reliable food security guarantor for Egypt for many years — and we don't understand why Egyptian partners pay us back by continuing to accept stolen Ukrainian grain," Foreign Minister Andrii Sybiha wrote.

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