Category: International Trade

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Canada Positioned to Impose C$1-Billion in Retaliatory Surtaxes on Imports

December 8, 2015

Under international trade rules, as of December 7, 2015, Canada has the right to impose just over C$1-billion per year in surtaxes on goods imported from the U.S. This is due to a decision by a World Trade Organization (WTO) arbitrator who ruled that Canada may impose additional border taxes on any goods of its choosing in retaliation for the…

TPP and Foreign Investment Review: Canada Agrees to Increase ICA Threshold to C$1.5-Billion

November 9, 2015

The Trans-Pacific Partnership (TPP) was concluded on October 5, 2015, and the text was released to the public on November 5, 2015. The TPP is an ambitious free trade agreement between 12 countries in the Asia-Pacific region including Canada, the United States, Australia, Brunei Darussalam, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore and Vietnam. Among its 30 chapters, the…

Trans-Pacific Partnership: Canada, 11 Other Nations Conclude Historic Trade Deal

October 7, 2015

The Trans-Pacific Partnership (TPP) is an ambitious free trade agreement that has been in negotiations since 2010 among 12 countries, namely: Canada, the United States, Australia, Brunei Darussalam, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore and Vietnam. Collectively, these nations represent approximately 40 per cent of the world’s gross domestic product (GDP) (roughly C$28.5-trillion), one-third of all international trade…

Federal Election 2015: New Contribution Limits and Identification Requirements

July 29, 2015

  With a federal election scheduled for October 19, 2015, recent amendments to the Canada Elections Act will soon be put into practice. The Fair Elections Act (FEA) passed on June 12, 2014, has increased individual contribution limits and changed elector identification requirements.    CONTRIBUTION LIMITS   Contributions to political parties, associations or candidates by persons or entities other than…

Federal Election 2015: New Contribution Limits and Identification Requirements

July 27, 2015

  With a federal election scheduled for October 19, 2015, recent amendments to the Canada Elections Act will soon be put into practice. The Fair Elections Act (FEA) passed on June 12, 2014, has increased individual contribution limits and changed elector identification requirements.    CONTRIBUTION LIMITS   Contributions to political parties, associations or candidates by persons or entities other than…

The Boycott, Divestment and Sanctions Movement: Limits on Restricting Trade with Israel

March 6, 2015

Since 2005, a political action campaign referred to as the “Boycott, Divestment and Sanctions” movement (BDS Movement) has drawn public attention to the issue of Israeli-Palestinian relations. The BDS Movement promotes a variety of actions that are intended to restrict trade with Israel, including by targeting companies affiliated with or engaged in trade with Israel or Israeli businesses. Businesses should…

Alert: Canada Introduces Additional Sanctions Against Russia

February 20, 2015

  On February 17, 2015, the Government of Canada announced that new entities and individuals in Russia and Ukraine have been designated under Canada’s sanctions laws. These new measures are introduced in coordination with the United States and the European Union, and are in response to the ongoing conflict in Ukraine.   The list of new entities and individuals designated…

Canadian Sanctions Against Russia

March 31, 2014

  On March 17, 2014, the federal government introduced two new regulations under Canada’s Special Economic Measures Act imposing an asset freeze on senior government officials and other individuals and entities in Russia and Crimea in connection with the recent developments in Crimea. The federal government subsequently amended these regulations to designate additional names, including a number of Russian banks. The Special Economic…

Opening the Asia-Pacific Gateway: Canada-Korea Free Trade Agreement

March 17, 2014

  Nearly 10 years after negotiations first began, the federal government announced on March 11, 2014 that the Canada-Korea Free Trade Agreement (CKFTA) negotiations have come to a close. Beginning in 2005, Canada and the Republic of Korea (Korea) engaged in 14 rounds of negotiations before arriving at terms acceptable to both sides.     BACKGROUND   Canada’s existing ties…

Canada Imposes Asset Freeze against Members of Ukraine’s Former Government

March 7, 2014

  On March 5, 2014, the federal government introduced targeted economic sanctions against the representatives of the former government of Ukraine by regulations made under the Freezing Assets of Corrupt Foreign Officials Act (FACFOA). The Freezing Assets of Corrupt Foreign Officials (Ukraine) Regulations (Ukraine Regulations) impose an asset freeze in respect of the assets of senior officials of the former Ukrainian government and their…

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