International Trade and Investment International Trade and Investment

First round of proposed amendments to the Competition Act revealed

Proposed amendments to Canada’s Competition Act would introduce significantly higher penalties for anti-competitive conduct and criminalize...

Canada expands sanctions against Russia with ‘Restricted Goods and Technologies List’

As the Russian invasion of Ukraine persists, Canada has created the “Restricted Goods and Technologies List” and implemented regulations...

Canada revokes Most-Favoured-Nation tariff status from Russia and Belarus

As Russia’s military invasion of Ukraine continues, Canada revoked Most-Favoured-Nation tariff status from Russia and Belarus, resulting in a 35%...

Canada’s sanctions and measures on Russia: what Canadian businesses need to know

Following the invasion of Ukraine, Canada and its allies have announced significant economic sanctions on Russia, including the removal of several...

Canada announces fresh sanctions on Russia over actions in Ukraine

The Canadian federal government has announced new sanctions on Russia over its activities in Ukraine, with implications for Canadian businesses.

Canadian federal government releases significant package of draft tax legislation

Finance Canada releases significant draft tax legislation, including new limits on interest deductions and expanded CRA audit powers.

CUSMA panel issues decision on Canada’s interpretation of dairy tariff rate quotas under Agreement

Certain supply management practices in Canada’s dairy industry violate its commitments under the new Canada-United States-Mexico Agreement, the...

OECD releases model rules for global minimum tax

The OECD released model rules for the proposed global minimum tax under Pillar Two of the OECD/G20 Inclusive Framework.

Trade regulation in 2021: A year of evolution

In many ways, maintaining the status quo was the defining feature of the 2021 trade landscape. There was a Canadian federal election, but very little...