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Canada Imposes Additional Sanctions Against Iran

Favicon for www.international.gc.ca Canada Sanctions Announcements
Filed March 26th, 2026
Detected March 27th, 2026
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Summary

Global Affairs Canada has announced additional sanctions against five individuals and four entities under the Special Economic Measures (Iran) Regulations. These measures target those involved in procurement networks supporting the Islamic Revolutionary Guard Corps' (IRGC) weapons production and transfers, aiming to counter Iran's destabilizing activities.

What changed

Global Affairs Canada has imposed additional sanctions on five individuals and four entities under the Special Economic Measures (Iran) Regulations. These sanctions specifically target Iranian businesspeople and companies involved in procurement networks that supply technology to the Islamic Revolutionary Guard Corps (IRGC) for weapons production and transfers. This action is a response to Iran's transfer of arms, drones, and technology to malign actors, including Russia, which fuels armed conflict and undermines international peace and security.

Regulated entities, particularly those in financial services and international trade, must review their compliance programs to ensure they do not engage with the sanctioned individuals and entities. This action reinforces Canada's commitment to imposing consequences on those contributing to Iran's destabilizing activities. While no specific compliance deadline is mentioned, entities should immediately update their watchlists and transaction monitoring systems to reflect these new sanctions to avoid potential penalties.

What to do next

  1. Review and update internal watchlists to include the newly sanctioned individuals and entities.
  2. Ensure transaction monitoring systems are updated to flag any dealings with sanctioned parties.
  3. Consult the official list of sanctioned individuals and entities for full details.

Penalties

Penalties for non-compliance with sanctions regulations can include significant fines and legal repercussions, though specific amounts are not detailed in this announcement.

Source document (simplified)

Minister Anand announces additional sanctions against Iran

From: Global Affairs Canada

News release

Today, the Honourable Anita Anand, Minister of Foreign Affairs, announced that Canada is imposing additional sanctions against five individuals and four entities under the Special Economic Measures (Iran) Regulations.

March 26, 2026 - Ottawa, Ontario - Global Affairs Canada

Today, the Honourable Anita Anand, Minister of Foreign Affairs, announced that Canada is imposing additional sanctions against five individuals and four entities under the Special Economic Measures (Iran) Regulations.

These sanctions target Iranian businesspeople and companies directly involved in the procurement networks that produce and supply sophisticated technology supporting the Islamic Revolutionary Guard Corps’ (IRGC’s) weapons production and transfers. The transfer by the Islamic Republic of Iran of arms, drones and technology to malign actors, such as Iran’s proxy networks and Russia for use in its war of aggression against Ukraine, fuels armed conflict, threatens the sovereignty of other states and violates international norms.

These measures send a clear and unequivocal message: Canada will impose consequences on those who contribute to Iran’s destabilizing activities and will not tolerate actions that undermine regional and international peace and security.

Canada will continue to take concrete action to counter Iran’s destabilizing activities, uphold international law and stand with the Iranian people as they seek freedom, dignity and respect for their human rights.

Quick facts

  • Over the past two years, Canada has taken decisive action to maintain pressure on Iran and its proxies, including:

    • imposing sanctions against individuals responsible for intimidation, violence and transnational repression; with these latest measures, Canada has now sanctioned 227 Iranian individuals and 260 Iranian entities
    • listing the IRGC as a terrorist organization under the Canadian Criminal Code; Canada has also listed the Houthis, Hamas and Hezbollah as terrorist organizations under the Canadian Criminal Code
    • designating Iran as a foreign state supporter of terrorism under the State Immunity Act; the Government of Canada reconfirmed this designation in December 2025
  • In November 2022, Canada designated the leadership of the Iranian government—including senior officials of the government, security and intelligence agencies—as inadmissible to Canada for their engagement in terrorism and systemic and gross human rights violations.

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Contacts

Media Relations Office
Global Affairs Canada
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Search for related information by keyword: Foreign affairs | Economic sanctions | Global Affairs Canada | Canada | Iran | Canada and the world | general public | news releases | Hon. Anita Anand

Page details

2026-03-26

Named provisions

Special Economic Measures (Iran) Regulations

Classification

Agency
GAC
Filed
March 26th, 2026
Instrument
Enforcement
Legal weight
Binding
Stage
Final
Change scope
Substantive
Document ID
News release - March 26, 2026

Who this affects

Applies to
Financial advisers Fund managers Public companies
Industry sector
4231 Wholesale Trade 5231 Securities & Investments 5239 Asset Management
Activity scope
International Trade Financial Transactions
Geographic scope
Canada CA

Taxonomy

Primary area
Sanctions
Operational domain
Compliance
Compliance frameworks
OFAC Sanctions
Topics
International Trade National Security

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