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Canada’s Q2 2025 M&A Landscape

The total number of Canadian M&A deals declined in the second quarter of 2025 as tariff disruption and uncertainty hampered dealmaking activity. However, the overall value of announced Canadian deals was up considerably in...more

Canada Unveils Sweeping New Russia Sanctions Targeting Trade, Sanctions Evasion and Key Industries

On June 13, 2025, the Government of Canada registered three significant packages of amendments to the Special Economic Measures (Russia) Regulations (the Regulations) under SOR/2025-141, SOR/2025-142 and SOR/2025-143....more

Canada Imposes 25% Retaliatory Surtax on Certain US Goods

On February 1, 2025, US President Donald Trump issued an Executive Order announcing a 25% tariff on imports of most Canadian goods and a 10% tariff on Canadian energy products in addition to any tariffs currently in place....more

Duty Calls: Preparing for US and Canadian Tariffs

The re-election of President Trump signals a renewed era of trade disruption and volatility in the form of US import tariffs on goods from Canada and other countries. After weeks of speculation, President Trump is expected to...more

Canada Consults on Changes to Strengthen Canada’s Forced Labour Import Ban

Canada has opened a 30-day consultation on potential measures to increase the effectiveness of its existing import prohibition on all goods mined, manufactured or produced, wholly or in part, by forced labour from being...more

Canada’s Initial Tariff Response to Chinese Evs, Steel and Aluminum Overcapacity

On August 23 and 26, 2024, Canada announced a series of measures to address the threat of increased imports of Chinese electric vehicles (EVs), and steel and aluminum products and promised additional consultations on the...more

Canada Border Services Agency Publishes Update of Trade Verification Priorities

The Canada Border Services Agency (CBSA) has released an updated list of trade compliance verification priorities effective July 2024. The CBSA periodically sets verification priorities which reflect its evaluation of the...more

Canada Seeks Business Input on CUSMA Ahead of 2026 Joint Review

On August 17, 2024, the Government of Canada initiated a public consultation on the operation of the Canada–United States–Mexico Agreement (CUSMA or the Agreement). The Government is seeking views on what is working well with...more

Clarity and Confusion: Updates to Canada's Guidance on Forced Labour Reporting Requirements

As businesses finalize their reports under the Fighting Against Forced Labour and Child Labour in Supply Chains Act (the Act) in advance of the May 31, 2024, statutory deadline, Public Safety Canada has updated its...more

Canadian Ombudsperson for Responsible Enterprise Publishes First Final Investigation Report

On March 26, 2024, the Canadian Ombudsperson for Responsible Enterprise (CORE) published a final report on its investigation into allegations that a Canadian mining company, Dynasty Gold Corporation (Dynasty), operating in...more

Much-Anticipated Guidance Released on Canada's Forced Labour Reporting Requirements

On December 20, 2023, Public Safety Canada issued long-awaited guidance that provides details of the reporting requirements introduced in the Fighting Against Forced Labour and Child Labour in Supply Chains Act (formerly Bill...more

UPDATED Canadian Sanctions Targeting Russia, Belarus and Separatist Territories in Ukraine Expanded in Response to the Russian...

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

Canadian Ombudsperson for Responsible Enterprise Launches First Complaint-Based Investigation

On July 11, 2023, the Canadian Ombudsperson for Responsible Enterprise (CORE) announced the launch of two separate investigations into allegations that Uyghur forced labour was used in the supply chains and operations of two...more

New Canadian Economic Sanctions "Deemed Ownership" Rule Now in Force

On June 22, 2023, Budget Implementation Act, 2023, No. 1 (formerly Bill C-47) received Royal Assent. Among the various other measures in this omnibus bill, the Act made significant amendments to Canada's autonomous sanctions...more

CBSA Proposes "Last Sale" Rule for Customs Valuation

The Canada Border Services Agency (CBSA) is proposing to fundamentally change Canadian customs valuation rules in draft amendments to the Valuation for Duty Regulations, (SOR/86-792) (VFD Regulations) published on May 27,...more

6/1/2023  /  Canada , CBSA , Customs , Importers , Imports , Valuation

UPDATED Canadian Sanctions Targeting Russia, Belarus and Separatist Territories in Ukraine Expanded - May 2023

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

Canadian Government Introduces Legislation to Add Sanctions 50% Rule and Update Rules on Ownership and Control

On April 20, 2023, Canada's federal government introduced Bill C-47, An Act to implement certain provisions of the budget tabled in Parliament on March 28, 2023. Among the numerous legislative changes contained in this...more

What Canada's New Forced Labour Reporting Law (Bill S-211) Means for Businesses

After several stalled efforts in recent years (see previous Bennett Jones blog posts on Bill C-423 and Bill S-216), Parliament is poised to pass a supply chain transparency law aimed at preventing and reducing the risk of...more

UPDATED Canadian Sanctions Targeting Russia, Belarus and Separatist Territories in Ukraine Expanded

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

UPDATED Canadian Sanctions Targeting Russia, Belarus and Separatist Territories in Ukraine Expanded - July 2022 #2

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

UPDATED Canadian Sanctions Targeting Russia, Belarus and Separatist Territories in Ukraine Expanded - July 2022

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

Geopolitics and Geoeconomics: Trade and Investment Disruptions and Implications

International trade and investment is a crucial channel through which economies and individual businesses specialize, innovate, become more productive, and grow incomes, output and employment while also containing input costs...more

Canada's Federal Budget 2022 and Canadian Sanctions Implications

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

Set-Aside Applications Cannot Be Used to Reargue Merits of the Claim

The Ontario trial court has once again emphasized that an application to set aside an arbitral award under Article 34 of the Model Law is not to be used as an opportunity to reargue the merits of the claim. Under Article...more

CBSA Clarifies Documentary Requirements to Establish that Imported Goods Are Not Produced with Forced Labour

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

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