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Canada Wants to Use Seized Russian Assets to Pay Ukraine Victims

Melanie Joly speaks in Brussels on March 4.
Melanie Joly speaks in Brussels on March 4.Photographer: Valeria Mongelli/Bloomberg

Canada plans to give itself the power to seize the assets of sanctioned Russian individuals and companies and use them to compensate victims of the war in Ukraine.

The new measures will be included in the government’s budget legislation, meaning they are almost certain to pass in parliament by summer.