Canada will impose sanctions on 11 Iranian entities, including banks, insurance companies, and a tanker shipping company. These entities are accused of assisting Iran in developing nuclear weapons and ballistic missiles, or funding violent activities abroad. Global Affairs Canada said that the sanctions announced this time are in line with the G7 and are aimed at encouraging Iran to cooperate with the International Atomic Energy Agency. According to the sanctions, Canadian citizens are prohibited from engaging in any financial transactions with these named Iranian institutions.

Canada will impose sanctions on 11 Iranian entities, including banks, insurance companies, and a tanker shipping company. These entities are accused of assisting Iran in developing nuclear weapons and ballistic missiles, or funding violent activities abroad. Global Affairs Canada said that the sanctions announced this time are in line with the G7 and are aimed at encouraging Iran to cooperate with the International Atomic Energy Agency. According to the sanctions, Canadian citizens are prohibited from engaging in any financial transactions with these named Iranian institutions.