Thank you, colleague. I am happy to answer your questions. I have several things to say about this.
First, the Government of Canada's goal is clear: to suffocate the Russian regime. So our objective is to apply as many sanctions as possible, in coordination with our G7 allies.
The G7's objective is to apply the same sanctions to individuals and oligarchs. That is why the Global Affairs Canada team and my deputy minister are working on this. We are taking note of the names you gave us and we will certain follow up.
Second, the goal of imposing sanctions is to make the assets useless. To date, we have imposed about 1,000 sanctions on Russian and Belarusian individuals and entities. Once the sanction is imposed, the asset cannot be sold or transferred. In other words, it loses its entire value. As well, when an individual tries to counter the sanctions, it is a criminal offence, and the consequences for that are extremely severe.
We have a good sanctions scheme in Canada. We have even inspired the United Kingdom, which very recently expanded its own sanctions legislation. There are several laws in place in Canada for imposing these sanctions on the oligarchs.