Good afternoon. I can provide a response to that.
In response to the invasion of Ukraine by Russia, Canada and its G7 and other allies have taken numerous steps, including imposing a range of new sanctions measures. In the context of these amendments, this has been a proposed change aimed at promoting accountability and ensuring that the sanctioned persons are no longer able to access their assets in Canada, as well as to return ill-gotten gains to those affected.
To that end, these proposed amendments will create the necessary authorities to identify, freeze, seize and dispose of assets belonging to sanctioned individuals and entities.
I'm happy to provide a bit more information if that would be helpful, but I'll pause here.