Canada reimposes sanctions on 11 Iranian entities, Anand announces at G7 meeting in Paris

Foreign Minister Anita Anand announced on Tuesday (10 November) in Paris that Canada is reimposing sanctions on 11 Iranian entities under the Special Economic Measures (Iran) Regulations, saying they contributed to the Iranian regime's proliferation-sensitive nuclear activities and ballistic missile programme or to financing its malign activities.

Eleven entities span nuclear fuel, oil, banking and insurance

The list comprises the Nuclear Fuel Production and Procurement Company; the Nuclear Reactors Fuel Company; Kala Naft; Naftiran Intertrade Company; the National Iranian Oil Company; the National Iranian Tanker Company; Bank Mellat; Bank Melli Iran; the Bank of Industry and Mine; the Export Development Bank of Iran; and the Iran Insurance Company. The measures are intended to restrict Iran's access to funding and sensitive technology linked to its nuclear and missile programmes.

Delisted in 2016 after the nuclear deal; Canada now cites non-cooperation

Canada delisted the entities in February 2016 after the International Atomic Energy Agency reported that Iran had restricted its nuclear programme under the 2015 Joint Comprehensive Plan of Action. Canada now says Tehran has repeatedly failed to cooperate fully with the IAEA and to comply with earlier UN Security Council resolutions. Anand said Canada's position is unequivocal: Iran must never be allowed to obtain a nuclear weapon. The announcement coincided with the Group of Seven foreign ministers' meeting in Paris, and Canada urged Iran to comply with its international obligations, resume full cooperation with the IAEA without delay and return to negotiations.

Sources: Global Affairs Canada, 10 November 2026; Reuters, 10 November 2026.