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…
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…