In May 2023, the Canada Border Services Agency (CBSA) introduced amendments (Amendments) to the Valuation for Duty Regulations which, if passed, would alter existing Canadian customs valuation rules. The proposed amendments outline which “sale” is to be used when calculating the value for duty of imported goods to Canada. The Amendments propose a “last sale” approach to customs valuation, which has the potential to increase the declared value for duty of imported goods, directly increasing…
On September 22, 2023, during Ukrainian President Volodymyr Zelensky’s visit to Canada, Canada announced amendments to the Special Economic Measures (Russia) Regulations (the “Regulations”) sanctioning additional Russian individuals and entities. The amendments list an additional 42 individuals and 21 entities under Schedule 1 of the Regulations and took effect on September 20, 2023. At the press conference announcing the sanctions, Canadian Prime Minister Justin Trudeau stated that the aforementioned persons are sanctioned in response to…
On September 21, 2023, Canada announced amendments to the Special Economic Measures (Haiti) Regulations (the “Regulations”) in response to “acts of significant corruption”. These amendments list an additional three individuals under the Schedule of the Regulations and took effect on September 20, 2023. This follows Canada’s appointment of a new ambassador of Canada to Haiti, André François Giroux, on September 18, 2023. There are now twenty-eight individuals listed under the Schedule of the Regulations. All of the…
On September 14, 2023, Canada announced further amendments to the Special Economic Measures (Iran) Regulations (the “Regulations”) in an effort to impose costs on the Iranian regime for gross and systemic human rights violations. These amendments list an additional six individuals under Schedule 1 of the Regulations and is the 14th set of amending regulations issued by Canada since October 2022. As of the most recent amendments, Canada has sanctioned 176 Iranian individuals and 192…