🇨🇦 Billionaire Russian oligarch's daughters can't get off Canada's sanctions list

Two daughters of a Putin-linked oligarch worth $16.5 billion are crying foul because Ottawa won't lift sanctions placed on them for being related to daddy. Laura and Katia Fridman insist they oppose the war and have nothing to do with Russia, but the Federal Court of Appeal wasn't buying it. The sisters wanted Canada to interpret family member more narrowly, requiring proof of complicity or links to the regime. The court ruled that being family is enough, since sanctions exist partly to stop oligarchs from using relatives as financial cutouts. Their estranged mother got delisted after divorce, but the daughters remain daddy's girls in the eyes of the law.

Meanwhile, papa Fridman's net worth has bounced from $11.8 billion in 2022 to $16.5 billion today despite supposed sanctions pressure. Funny how that works. The sisters even sought a confidentiality order to hide their anti-war statements from public view, which tells you everything about the sincerity of their opposition. Rare Canadian backbone on display here.

🍁 Maple Chronicles