On June 15th, 2022 the Commission of Inquiry into Money Laundering in British Columbia released its highly-anticipated Final Report which comes after years of work and a review of extensive evidence, including testimony from...more
6/20/2022
/ Anti-Money Laundering ,
Banking Sector ,
Banks ,
Canada ,
Chief Compliance Officers ,
Chief Risk Officers (CRO) ,
Financial Crimes ,
Financial Institutions ,
Financial Services Industry ,
Financial Transactions ,
Fraud Prevention ,
Money Laundering
On February 21, 2022, Russia formally recognized the purported independence of two regions in Eastern Ukraine, Donetsk and Luhansk. The next day it ordered Russian troops into the separatist-occupied territories, and the...more
6/9/2022
/ Belarus ,
Belarus Sanctions ,
Canada ,
Economic Sanctions ,
Foreign Investment ,
Foreign Policy ,
Foreign Relations ,
Military Conflict ,
National Security ,
Oil & Gas ,
Popular ,
Russia ,
Ukraine ,
Vladimir Putin
Bans to Cover Luxury Goods, Commercial, Industrial, Medical and Laboratory Equipment and Materials -
On Friday May 20, 2022, Canada announced amendments to the Special Economic Measures (Russia) Regulations, which were...more
On February 21, 2022, Russia formally recognized the purported independence of two regions in Eastern Ukraine, Donetsk and Luhansk. The next day it ordered Russian troops into the separatist-occupied territories, and the...more
5/27/2022
/ Belarus ,
Belarus Sanctions ,
Canada ,
Economic Sanctions ,
Foreign Investment ,
Foreign Policy ,
Foreign Relations ,
Military Conflict ,
National Security ,
Oil & Gas ,
Popular ,
Russia ,
Ukraine ,
Vladimir Putin
As explained in our recent insight on the 2022 Canadian Federal Budget, on April 7, 2022, the Federal Government of Canada released Budget 2022: A Plan to Grow Our Economy and Make Life More Affordable. The Budget sets the...more
This blog was originally published on February 25, 2022, and has been updated to reflect further developments.
On February 21, 2022, Russia formally recognized the purported independence of two regions in Eastern...more
On February 21, 2022, Russia formally recognized the purported independence of two regions in Eastern Ukraine, Donetsk and Luhansk. The next day it ordered Russian troops into the separatist-occupied territories, and the...more
3/28/2022
/ Belarus ,
Belarus Sanctions ,
Canada ,
Economic Sanctions ,
Foreign Investment ,
Foreign Policy ,
Foreign Relations ,
Military Conflict ,
National Security ,
Oil & Gas ,
Russia ,
Ukraine ,
Vladimir Putin
As explained in our recent insight on Canadian Sanctions Targeting Russia, Belarus and Separatist Territories in Ukraine, Russia is facing unprecedented economic sanctions imposed by numerous countries in response to Russia’s...more
On February 21, 2022, Russia formally recognized the purported independence of two regions in Eastern Ukraine, Donetsk and Luhansk. The next day it ordered Russian troops into the separatist-occupied territories, and the...more
3/16/2022
/ Belarus ,
Belarus Sanctions ,
Canada ,
Economic Sanctions ,
Foreign Investment ,
Foreign Policy ,
Foreign Relations ,
Military Conflict ,
National Security ,
Oil & Gas ,
Russia ,
Ukraine ,
Vladimir Putin
On February 21, 2022, Russia formally recognized the purported independence of two regions in Eastern Ukraine, Donetsk and Luhansk. The next day it ordered Russian troops into the separatist-occupied territories, and the...more
On February 21, 2022, Russia formally recognized the purported independence of two regions in Eastern Ukraine, Donetsk and Luhansk. The next day it ordered Russian troops into the separatist-occupied territories, and the...more
On February 21, 2022, Russia formally recognized the purported independence of two regions in Eastern Ukraine, Donetsk and Luhansk. The next day it ordered Russian troops into the separatist-occupied territories, and the...more
On February 21, 2022, Russia formally recognized the purported independence of two regions in Eastern Ukraine, Donetsk and Luhansk. The next day it ordered Russian troops into the separatist-occupied territories, and the...more
On January 20, 2022, the Canada Border Services Agency (CBSA) updated its policy document, Memorandum D9-1-6, titled Goods manufactured or produced wholly or in part by prison labour (the D-Memo), to provide guidance to...more
With the recent escalation of military tensions between Russia and Ukraine, the governments of NATO states (including Canada, the United States, UK and the EU) have made statements in recent weeks confirming their intentions...more
The Panel Report in Canada—Dairy TRQ Allocation Measures, released on January 4, 2022, resolved the first State-to-State dispute under the Canada-United States-Mexico Agreement or "CUSMA" (also known as USMCA). The Report is...more
The first North American Leaders’ Summit in five years brought together Prime Minister Trudeau, U.S. President Biden and Mexican President López Obrador in Washington, D.C. this past Thursday. The outcome carries important...more
On November 15, 2021, the Globe and Mail reported the first seizure under the Canadian prohibition on the importation of goods "mined, manufactured or produced wholly or in part by forced labour." According to the CBSA,...more
On August 20, 2021, Mexico filed a request for consultations with the United States under the dispute settlement provisions of Chapter 31 of the Canada-United States-Mexico Agreement (CUSMA, also known as the USMCA) to...more
The updated version of A Guide to Canada's Export Control List (the Guide) will come into force on July 23, 2021, replacing the previous December 2018 version of the Guide. Amendments to the Export Control List (ECL)...more
In recent years, Canada’s Proceeds of Crime (Money Laundering) and Terrorist Financing Act (PCMLTFA) and its regulations have been amended with a view to strengthening Canada’s anti-money laundering (AML) regime. On June 1,...more
On May 7, 2021, the Canada Border Services Agency (CBSA) published an updated version of its policy, Memorandum D9-1-6, titled "Goods manufactured or produced wholly or in part by prison labour" (the "D-Memo"), in which the...more
On April 19, 2021, the Federal Government of Canada unveiled its first budget in two years, promising over $100 billion in new spending intended to propel Canada's economic recovery from the COVID-19 pandemic. Part of the...more
4/22/2021
/ Canada ,
Canadian Free Trade Agreement (CFTA) ,
Coronavirus/COVID-19 ,
Corporate Counsel ,
CUSMA ,
Customs Valuation ,
Economic Stimulus ,
Federal Budget ,
Free Trade Agreements ,
Imports ,
Transfer Pricing
On March 24, 2021, Canada imposed new economic sanctions against nine Russian government officials ("listed person(s)") implicated in what the Government of Canada believes were "gross and systematic" violations of human...more
On March 22, 2021, Canada imposed new economic sanctions against four officials and one entity under the new Special Economic Measures (People’s Republic of China) Regulations, based on Canada's assessment of their...more