Baker McKenzie’s Sanctions Blog published the alert titled Canada continues to amend sanctions legislation in relation to Iran, Belarus, Russia and designates Lebanese nationals under Magnitsky law on 30 August 2023. Read the article via the link here. Please also visit our Sanctions Blog for the most recent updates.
The launch of the Canada Border Services Agency Assessment and Revenue Management (CARM) project has officially been pushed back from October 2023 to May 2024. The regulatory amendments relating to electronic communication and payment, the provision of financial security electronically, and billing cycles that are necessary to support the launch and use of CARM are still on schedule and are planned to come into force in May 2024. The purpose of CARM is to modernize the collection of duties and taxes for goods imported into Canada.
Baker McKenzie’s Sanctions Blog published the alert titled Canada Imposes Additional Sanctions Against Russia: 39 Individuals and 25 Entities Targeted on 20 July 2023. Read the article via the link here. Please also visit our Sanctions Blog for the most recent updates.
Welcome to the 2023 edition of Baker McKenzie’s Doing Business in Canada, a practical guide to the business and investment legal framework and developments in Canada. We hope that you find this guide a useful and practical resource.
Baker McKenzie’s Sanctions Blog published the alert titled Blog Series: Sanctions Enforcement Around the World – Five Eyes Partners agree to coordinate enforcement on export controls on 11 July 2023. Read the article via the link here. Please also visit our Sanctions Blog for the most recent updates.
Bill C-47 is the Federal Budget Implementation Act – Part 1, an omnibus bill which amends existing legislation to meet the Government’s 2023 Budget objectives. Division 10 of the bill implements significant amendments to Canada’s unilateral sanctions legislation.
Canada recently committed to heightened enforcement of its export controls legislation on the heels of announcing amendments to A Guide to Canada’s Export Control List and the Export Permits Regulations.
On 21 June 2023, Canada announced amendments to the Special Economic Measures (Haiti) Regulations in response to “gross and systematic human rights violations.” These amendments list an additional four individuals and took effect on 21 June 2023.
On 19 June 2023, Canada announced further amendments to the Special Economic Measures (Iran) Regulations in response to Iran’s “gross and systematic violations of human rights in different branches of Iran’s Revolutionary Courts.” These amendments list an additional seven individuals under Schedule 1 and entered into force on 19 June 2023.
On 27 May 2023 the Canada Border Services Agency introduced amendments to the Valuation for Duty Regulations, which will alter existing Canadian customs valuation rules. The amendments intend to clarify the “sale” used to establish the value for duty under the transaction value method for all goods imported into Canada.