Canada set to announce new sanctions against Iran
Iranian President Mahmoud Ahmadinejad waves to the crowd, at a public gathering during his provincial tour in the city of Shahr-e-Kord, 543 kilometres south of the capital Tehran, Iran, as a boy stands next to him, wearing traditional dress, on Wednesday, June 16, 2010. (AP Photo/IIPA, Sajjad Safari)
CTV.ca News Staff
Date: Monday Jun. 21, 2010 10:04 PM ET
Canada will join the United States and European countries Tuesday in imposing more sanctions against Iran, in an effort to stop its nuclear weapons program, CTV News has learned.
The new economic sanctions will target any company that helps Iran's energy sector, including oil companies, banks, shipping firms, and insurance companies.
The United Nations has heavily criticized Iran for failing to meet its obligations under the Nuclear Non-Proliferation Treaty.
Two weeks ago, the UN Security Council approved a resolution that called on members to expand sanctions on Iranian individuals and organizations, and the European Union quickly took action.
The EU measures were aimed at Iran's energy, transportation and banking sectors.
On Monday night, U.S. lawmakers also reached an agreement on sanctions. It still must be approved by both the House and Senate, but has widespread support among both Democrats and Republicans.
I only hope that at the meeting they will come to an agreement with Iran to stop its nuclear weapons program. Nuclear weapons are deadly and this is a situation that needs to be taken seriously, and I hope that the UN will come to an appropriate agreement that will leave both sides happy, and not the other way around.
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