Canada will try to seize and forfeit US$26 million, or about C$36 million, from a firm owned by Roman Abramovich.
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Joly’s office says she “will now consider making a court application” to seize these assets and divert them to the reconstruction of Ukraine — marking the first time the law has been used in this way. Parliament granted these powers in June and a recent poll found that Canadians widely support the idea.
Joly’s office expects to file the case this month and says this would be the first time a G7 country has implemented such a measure.
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