Mr. Speaker, as the hon. member knows, we are indeed ready to impose severe economic sanctions should Russia further invade Ukraine, an invasion that has been going on for many years. We are working closely with allies: the U.S., the U.K. and the EU. Sanctions are always most effective when they are done in lockstep with other countries. That is exactly what we will do as we stand with the Ukrainian people and with Ukraine.
In the House of Commons on February 21st, 2022. See this statement in context.