Thank you, Mr. Chair. I'll be splitting my time with my colleague Francesco Sorbara.
Ms. Chyczij, thank you for being here with us today and for taking the time to share some of your thoughts and your statement in this very important meeting.
Ms. Chyczij, as you may be aware, just this week, Canada imposed further additional sanctions as we continue to stand side-by-side with Ukraine. There is no doubt that Canada will continue working with our international partners and allies to explore additional measures. As stated by Minister Joly, studies show that Russia has lost companies worth nearly 40% of its GDP as a result of the many sanctions imposed by Canada and our allies.
Given the significant volume of sanctions announced, it is sometimes difficult to compare. When it comes to sanctions against industries such as oil and gas and luxury goods, are you aware of any other G7 countries that have implemented measures as expansive as Canada's?