Canada Reimposes Sanctions on 11 Iranian Entities Over Nuclear Links

Canada has reimposed sanctions on 11 Iranian entities, restoring measures it lifted a decade ago. Foreign Affairs Minister Anita Anand announced the decision in Paris on Tuesday, November 10, 2026. The listings were made under the Special Economic Measures (Iran) Regulations. Global Affairs Canada said the entities contributed to the Iranian regime's proliferation-sensitive nuclear activities and ballistic missile program, or to the financing of its malign activities.

The announcement came during the G7 Foreign Ministers' Meeting in Paris. Canada said the move aligns with work by like-minded partners to disrupt Iranian financial networks that support the nuclear program. Ottawa also pressed Iran to comply with its international obligations, resume full cooperation with the International Atomic Energy Agency without delay, and return to negotiations.

Who is on the list

The oil and shipping names on the list are the National Iranian Oil Company, the National Iranian Tanker Company, Kala Naft, and the Naftiran Intertrade Company. The nuclear names are the Nuclear Fuel Production and Procurement Company and the Nuclear Reactors Fuel Company. The financial names are Bank Mellat, Bank Melli Iran, the Bank of Industry and Mine, the Export Development Bank of Iran, and the Iran Insurance Company. Together they cover the energy trade, nuclear fuel work, banking, and insurance.

The 11 names fall into three groups. Four work in oil and shipping, two work in nuclear fuel, and five work in banking and insurance. That spread matches the aim Ottawa stated in Paris, which was to disrupt the financial networks that support Iran's nuclear program. The listings return some of the best known Iranian state linked companies, including the national oil company and the national tanker fleet, to Canada's sanctions list at the same time as banks that move money for trade.

Why Canada acted now

The official backgrounder points to a chain of steps over the past two years. In June 2025, the IAEA Board of Governors adopted a resolution finding that Iran was not complying with its safeguards obligations. In September 2025, United Nations sanctions were reinstated, and Canada amended its United Nations Iran regulations in the same month. In June 2026, the G7 reaffirmed that Iran must not develop or acquire a nuclear weapon.

A reversal from 2016

Canada delisted these same entities in 2016. That step recognized Iran's progress under the 2015 Joint Comprehensive Plan of Action, known as the JCPOA, which set measures to ensure that Iran's nuclear program remained exclusively peaceful. Tuesday's announcement reverses that opening. Reuters and Dow Jones Newswires both reported the reimposition on Tuesday, matching the official Canadian release.