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Canada imposes additional sanctions on Russian oligarchs, bans some luxury goods trade

Canada said on Friday it was imposing additional sanctions on Russian oligarchs and banning the import and export of targeted luxury goods from Russia in response to Moscow's invasion of Ukraine. The new measures would put restrictions on 14 individuals including Russian oligarchs, their family members, and close associates of Vladimir Putin, according to an official statement.

Melanie Joly, Foreign Minister of Canada, addresses the media during a statement as part of the meeting of foreign ministers of the G7 Group of leading democratic economic powers at the Weissenhaus resort in Weissenhaeuser Strand, Germany, Saturday, May 14, 2022. (Marcus Brandt/Pool via AP)

Canada banning Chinese telecom giant Huawei, ZTE from 5G networks

Canada is banning China's Huawei Technologies and ZTE, another Chinese company, from participating in the country's 5G wireless networks, citing national security and cybersecurity concerns. Industry Minister Francois-Philippe Champagne and Public Safety Minister Marco Mendicino made the announcement about prohibiting products and services from these 'high-risk vendors,' in Ottawa on Thursday.

François-Philippe Champagne, Minister of Innovation, Science and Industry, and Marco Mendicino, Minister of Public Safety, hold a press conference to announce that Huawei Technologies will be banned from Canada’s 5G networks, in the West Block of Parliament Hill in Ottawa, Ontario on Thursday, May 19, 2022. THE CANADIAN PRESS/David Kawai

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