On October 17, 2023, Canada announced amendments to the Special Economic Measures (Moldova) Regulations (the “Regulations”) sanctioning Russian collaborators in Moldova. The amendments list an additional nine individuals and six entities under the Schedule of the Regulations and took effect on October 16, 2023. These sanctions are announced in the context of the fourth meeting of the Moldova Support Platform occurring in Chisinau, Moldova. The platform coordinates international support for Moldova in the midst of the crisis…
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…
2023 has proven to be another dynamic year under the Government of Canada’s trade agenda, which showed no signs of slowing over the summer. From May to August 2023, the Government passed into law novel supply chain transparency legislation and introduced amendments and legislative proposals that are impacting, or will impact, compliance with Canadian customs, export controls, and economic sanctions legislation. Baker McKenzie’s Canadian trade and customs team continues to monitor the following key sanctions…
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…