'Political theatre': NDP questions sanctions regime as few funds frozen, none seized cdnpoli
“This government constantly pats themselves on the back for adding individuals to the sanctions list,” NDP MP Heather McPherson said Tuesday in the House of Commons.Sign up to receive daily headline news from the Calgary Herald, a division of Postmedia Network Inc.By clicking on the sign up button you consent to receive the above newsletter from Postmedia Network Inc. You may unsubscribe any time by clicking on the unsubscribe link at the bottom of our emails or any newsletter.
As of June 7, Canada had ordered frozen $123 million in assets within Canada, and $289 million in transactions had been blocked, both under sanctions prohibitions related to Russia.Canada could set global precedent in attempt to redistribute oligarch's millions In late December, the RCMP noted that no banks had informed them of any sanctioned Haitians or Iranians holding assets in Canada.Article content
McPherson argues that Canada is using sanctions as a symbolic tool, without taking the steps to actually disincentivize support for autocracies. For years, the U.S. State Department has deemed Canada to be a “major money laundering country” due to its weak enforcement of laws.
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