Following weeks of tariff threats from the U.S. and the imposition of retaliatory Canadian tit-for-tat tariffs and non-tariff measures, the U.S. and Canada are currently in the midst of a trade war that is expected to have significant economic repercussions. On 5 March 2025, the Government of Canada announced that it would take action under the Investment Canada Act (“ICA”) to protect Canadian companies from foreign investors looking to capitalize on the current economic uncertainty…
On February 24, 2025, the Government of Canada announced further amendments to the Special Economic Measures (Russia) Regulations (“the Russia Regulations”). These amendments list an additional 44 entities and 32 individuals, both Russian and non-Russian, in Schedule 1 of the Russia Regulations. The designated entities and individuals include those who support Russia’s military-industrial complex, facilitate the transport of military equipment within Russia, or are associated with the unlawful deportation and forced transfer of Ukrainian children…
On February 20, 2025, the US Department of State designated several international cartels and transnational criminal organizations as Foreign Terrorist Organizations (“FTOs”) pursuant to section 219 of the Immigration and Nationality Act and as Specially Designated Global Terrorists (“SDGTs”) pursuant to Executive Order (“EO”) 13224. These parties have been designated for “threaten[ing] the safety of the American people, the security of the United States, and the stability of the international order in the Western Hemisphere,”…
Baker McKenzie’s Canadian international trade and customs team is publishing a series of articles reviewing 2024 trade and customs compliance developments and looking ahead to 2025’s burgeoning issues. This article focuses on Canadian legislative and enforcement developments in Canada’s sanctions regime. In 2024, the Government began to lay the foundation for significant changes to the enforcement architecture of Canada’s sanctions regime. In July 2024, the Government introduced amendments, some of which came into force in…