Mr. Chair, I thank the member for her question. It is a valid question.
The situation in Ukraine is confused, and we need to be cautious with our actions. We cannot just freeze all the assets. We need to leave these issues to the development of the democratic process in Ukraine. I can say that Canada is acting very cautiously in concert with the European Union.
I was at the Parliamentary Assembly of the Council of Europe on January 30 where I delivered a speech. Canada is an observer there and was the first country to contemplate sanctions against the oligarchs. That is one step in which Canada has shown leadership.
However, we need to be cautious. We need to see how the development of the democratic process is going in Ukraine at this point. We cannot take measures that are out of context and that may precipitate a situation that is not necessarily desirable.