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Decentralized Democracy

House Hansard - 47

44th Parl. 1st Sess.
March 28, 2022 11:00AM
  • Mar/28/22 2:30:35 p.m.
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Mr. Speaker, the President of Ukraine is criticizing the international community for being too slow to impose sanctions on Russia. Meanwhile, Canada is home to the global headquarters of Russia's largest uranium producer. The company is owned by the Putin government, but this sector has been virtually untouched by the Liberals' sanctions. There is no way to know how many assets have been frozen in Canada or whether the sanctions are hitting Putin where it hurts. The people of Ukraine are fighting for survival and deserve more than empty rhetoric. Will the government finally tell us how many assets have been frozen as part of the sanctions on Putin?
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  • Mar/28/22 2:31:11 p.m.
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Mr. Speaker, I thank my colleague for his important question and for the opportunity to clarify a few points. When we impose sanctions, we are making the assets of individuals or entities completely useless and depriving them of value. They cannot be sold or transferred. In short, no transactions are possible. Going against sanctions is also a criminal offence. We will impose further sanctions, because it goes without saying that we must continue to put pressure on the Russian regime.
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  • Mar/28/22 2:31:47 p.m.
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Mr. Speaker, with all due respect, that was not the question my colleague was asking. Ukrainians are fighting for their lives. President Zelenskyy is pleading for help as Putin commits war crimes against the Ukrainian people. Zelenskyy has said that governments have been too slow in implementing all possible sanctions to stop the Russian invasion. We still do not know if the sanctions are being enforced, and we still do not know if they are being enforced effectively and if Russian assets are being frozen.
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  • Mar/28/22 2:32:23 p.m.
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Mr. Speaker, obviously, we have imposed sanctions and we have delivered lethal and non-lethal aid. Have we done a lot? Yes. Is there more to be done? Absolutely. That is why we will continue to impose sanctions. Just to be clear, when we impose sanctions, we are making their assets completely useless and are depriving them of value. Going against sanctions is also a criminal offence.
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  • Mar/28/22 3:28:30 p.m.
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Madam Speaker, I have three petitions to present this afternoon all related to Vladimir Putin's illegal invasion of Ukraine and some of the economic sanctions and policies that this government could implement to respond to the situation. The first petition calls on the government to impose Magnitsky sanctions on all Russian officials who have any involvement in the invasion of Ukraine. This would create a disincentive for Russian oligarchs to support the war effort and serve to isolate Vladimir Putin within Russian society. The second petition calls on the Government of Canada to work with the international community to implement a complete economic embargo on Russia, which is a pretty good idea actually. I remember, in the early 1990s, when Saddam Hussein invaded Kuwait, the international community came together to impose an economic embargo on Iraq. For a few months I remember that nothing went in and nothing came out. It makes sense to do the same thing today with Russia. Finally, the third petition calls on the Government of Canada to take steps to increase Canadian oil and gas exports to western Europe and to alleviate our allies' dependence on Russian oil. It really is a shame that the energy east pipeline never got built and that the Keystone XL pipeline never got built. If we can get Canadian oil and gas to our allies in western Europe, it would mean that much less money going towards Vladimir Putin's war machine. All of these petitions have been signed by the Ukrainian community in Regina and southern Saskatchewan, and I am pleased to present them here today.
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