Trudeau announces sanctions on Putin, calls for Russia's removal from SWIFT banking system [View all]

Sanctions will also apply to Russia's foreign minister and Putin's chief of staff

Canada will impose sanctions directly on Russian President Vladimir Putin and his inner circle of advisers, Prime Minister Justin Trudeau announced Friday afternoon.

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Trudeau is now calling for Russia's removal from SWIFT, the Belgian-based banking system used for many international financial transactions.

"Excluding Russian banks from SWIFT will make it even more difficult for President Putin to finance his brutalities," Trudeau said.

Trudeau and British Prime Minister Boris Johnson are the NATO leaders pushing most vocally for Russia's removal from the banking system. The EU decided on Friday that it would not make that recommendation. The U.S. also has said it is not yet calling for that move.

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https://www.cbc.ca/news/politics/ottawa-putin-sanctions-1.6365179