Momentum builds in Senate for bill to seize and repurpose frozen assets

Some Senators are highlighting the 'urgency' to pass Bill S-217 amid Russia's invasion of Ukraine, to seize and repurpose assets that have been frozen from Russian officials and oligarchs.

While Independent Senator Ratna Omidvar, centre, and Conservative Senator Leo Housakos, right, have referenced Russia's invasion of Ukraine in arguing the need to pass Bill S-217, Independent Senator Yuen Pau Woo says the conflict shouldn't give any 'special impetus' to pass the bill. The Hill Times photographs by Andrew Meade and photograph courtesy of Twitter

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BY NEIL MOSS

March 30, 2022

With the Canadian government placing sanctions on a multitude of Russian officials and oligarchs, there is renewed momentum in the Senate to pass a bill that would allow the government to seize and repurpose frozen assets. Independent Ontario Senator Ratna Omidvar’s Bill S-217—an act respecting...

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