Canada.Ca Canada Reimposes Sanctions on 11 Iranian Entities Over Nuclear Concerns
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- •Canada reimposed sanctions on 11 Iranian entities for nuclear proliferation concerns.
- •The sanctions target major companies, including banks and oil firms, previously delisted in 2016.
- •This action aligns with G7 partners amid ongoing tensions regarding Iran's nuclear program.
On November 10, 2026, Canada announced the reimposition of sanctions against 11 Iranian entities due to their involvement in Iran's nuclear activities and ballistic missile program. The sanctions were initially lifted in 2016 following the Joint Comprehensive Plan of Action (JCPOA), but Canada cited Iran's failure to cooperate with the International Atomic Energy Agency (IAEA) as a reason for this reversal. The targeted entities include major companies such as the National Iranian Oil Company and several banks. This decision aligns with similar actions taken by Canada’s allies during the G7 Foreign Ministers’ Meeting in Paris. The sanctions aim to restrict Iran's access to funding and sensitive technologies related to its nuclear ambitions. Canada has sanctioned over 500 Iranian individuals and entities since 2010 under various acts. The situation remains tense as Iran continues to assert that its nuclear program is for peaceful purposes.
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