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Canada Imposes Sanctions on Evraz Shareholder Abramovich

Roman Abramovich

Roman Abramovich

Photographer: Simon Dawson/Bloomberg

Canada has imposed sanctions on prominent Russian tycoon Roman Abramovich, the largest shareholder in Evraz Plc, which owns metal facilities in Regina, Calgary and Edmonton.

Prime Minister Justin Trudeau, speaking in Warsaw at the end of a five-day trip to Europe, announced the sanctions on Abramovich, four other Russian individuals, and 32 entities working in Russia’s defence sector. The sanctions took effect March 10, a government release says.