Category: International Trade

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CETA Now In Force: Are You Maximizing the Benefits?

September 21, 2017

On September 21, 2017, the Canada-European Union Comprehensive Economic and Trade Agreement (CETA) comes into force on a provisional basis. If they haven’t already done so, it is now time for Canadian businesses to take steps to ensure that they are prepared to take advantage of the tremendous opportunities presented by the CETA. HOW TO BENEFIT FROM CETA Following are…

CETA’s Impact on the Canadian Market

September 21, 2017

The Canada-European Union Comprehensive Economic and Trade Agreement is now in force, on a provisional basis, creating new opportunities for Canadian businesses. We will be releasing a number of resources to help you navigate this new landscape, including: A Primer on the Canada-European Union Comprehensive Economic and Trade Agreement Also, please see the following articles: CETA Now in Force: Are…

A Primer on the Canada-European Union Comprehensive Economic and Trade Agreement

September 21, 2017

CETA is the Comprehensive Economic and Trade Agreement between Canada and the European Union (EU) and its member states. CETA comprises 30 chapters of rules respecting trade between Canada and the EU. The agreement was signed by Canadian and EU leaders on October 30, 2016. CETA will enter into force, on a provisional basis, on September 21, 2017.

New Canadian Economic Sanctions Take Effect April 2017

April 25, 2017

Several changes to Canada’s economic sanctions regime came into effect in April 2017. First, the regulations made under the United Nations Act (UNA) that imposed economic sanctions on Liberia and Côte d’Ivoire have been repealed. Second, two amendments were made to the list of persons designated under the Special Economic Measures Act (SEMA) regulations, which impose economic sanctions against Syria….

A Primer on Canadian Sanctions Legislation

April 24, 2017

Canada, like other major jurisdictions, has introduced a broad range of economic and financial sanctions targeting foreign states and their nationals, as well as various terrorist organizations. Given that Canada is in many ways a trading nation, and many Canadian businesses have ties elsewhere, sanctions laws have a significant impact not only on the target countries but also on Canadian…

Cannabis in Canada: A Changing Legal Landscape

April 19, 2017

The anticipated legalization of recreational cannabis in Canada by July 2018 is multi-faceted. Several areas of law will come into play, potentially impacting many types of businesses. We delve into some of these areas.

From Israel to Canada: New Tax Treaty to Help Structure Investments

January 23, 2017

On December 21, 2016, the new Canada–Israel tax treaty entered into force. The new treaty was signed on September 21, 2016 in New York, and replaces the existing treaty that dates from 1975. For most purposes, the provisions of the new treaty took effect as of January 1, 2017. Overall, the new treaty modernizes the rules applicable to Israeli investments…

Dispute Resolution under CETA: A New Investment Court for Canada and Europe

December 15, 2016

Canada and the European Union recently signed the Canada-European Union Comprehensive Economic and Trade Agreement (CETA), which establishes a new tribunal, called the Investment Court System, to resolve investor-state disputes. CETA’s rules on investor-state dispute settlement contain numerous innovations that distinguish the agreement from existing investment treaties. The new tribunal and rules could be a model for future international agreements…

The CETA Saga: Can Final Negotiations Save the Agreement?

October 25, 2016

The road to completion of the Comprehensive Economic and Trade Agreement (CETA) between Canada and the European Union has been a rough ride since negotiations began in 2009, and it did not get any smoother in October 2016, when the French-speaking region of Wallonia in Belgium declared it could not accept the agreement. It took five years of negotiations before…

ICSID Tribunal: State Imposed Tobacco Control Measures Do Not Violate Investment Treaty Obligations

July 27, 2016

The International Centre for Settlement of Investment Disputes (ICSID) tribunal recently released its decision in Philip Morris v. Uruguay, holding that tobacco control regulations implemented by a state to protect public health do not violate the state’s investment treaty obligations. The decision comes six years after Philip Morris Brand Sàrl (PMB), Philip Morris Products S.A. (PMP) and Abal Hermanos S.A….

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