The Government of Canada announced restrictive measures against Russia and former members of the Ukrainian Cabinet. This was announced by Canadian Prime Minister Stephen Harper. He noted that the decision was made in connection with the situation in Ukraine.
According to Harper, Canada suspends participation in the Russian-Canadian Intergovernmental Economic Commission, which was established to promote economic ties in Canada and Russia," Harper said.
It has not been specified what sanctions exactly Canada was going to introduce against Russia.
The USA, the UK and the EU have previously announced a possibility to impose sanctions against Russia in connection with the situation in Ukraine. Experts believe, though, that the effect from such actions will be weak. A senior officer at the Institute of Europe of the Russian Academy of Sciences, Sergei Fyodorov, said that "with all these sanction against Russia, Europe is quarrelling with its own bread and butter."
Russia has left the list of 33 largest holders of US government bonds, after the country disposed of at least a third of remaining bonds