Canada has imposed sanctions against 38 Russian companies and 24 individuals, the country's foreign ministry reported.
Members of the Russian defense-industrial complex, including those engaged in the development of ballistic missiles, as well as individuals and organizations associated with Russia's cyber activities, fell under the restrictions.
Canada has also imposed sanctions on financial intermediaries, including cryptocurrency exchanges, that help Russia circumvent restrictions and support its war economy.
Since 2014, Canada has imposed sanctions against more than 3,500 people and entities and more than 700 vessels involved in Russia's war against Ukraine.