Shuv Majumdar on Questions on the Order Paper

With regard to the government's reaction to Euroclear's acknowledgment of the Canadian dollars it holds as a result of maturing Russian-owned securities: (a) what initiatives, if any, has the government taken to determine or exert Canada's jurisdiction over Russian state assets held in correspondent banks or invested in Canadian dollars by Euroclear directly held in Canada or those re-invested in Canadian currency, held in correspondent banks in Canada, or invested in Canadian dollars by Euroclear and other depositories and foreign partnerships; (b) what is the government's estimate of the value of the assets in (a) subject to Canadian jurisdiction (cash, securities, bonds, etc.), including those directly held in Canada and those invested in Canadian currency, broken down by the nature of the assets; and (c) what steps has the government taken since the announcement of the Canada-Ukraine Strategic Security Partnership on February 24, 2024, related to the seizure of Russian state assets held in correspondent banks in Canada and invested in Canadian dollars by Euroclear and other depositories and foreign partnerships, including the (i) date of the event associated with the seizure, (ii) collection information regarding total amounts seized or subject to Canada's authority to seize, (iii) nature of the assets that were seized or subject to the authority to seize?