In this article – “Trade law, sanctions and export controls in a new era of global geopolitics” – we review recent developments relating to trade law, sanctions and export controls as well as key restrictions and the federal government’s response to evolving geopolitical situations, the possibility of a further strengthening of existing sanctions and potential implementation of further measures. The authors also review the possible retrenchment of international trade to focus on internal trade. Canada’s proposal to combat slavery and other forms of forced labour in its supply chains is also examined along with the introduction of legislation seeking to increase transparency in supply chains and the importance for business to create a culture of compliance.
This article is authored by Brad Wall, Special Advisor, Alan Kenigsberg, partner, Tax; Danielle Chu and Chelsea Rubin, both associates, Competition/Antitrust, Foreign Investment and International Trade; and Sarah Firestone, associate, Litigation.
Legal Year in Review is brought to you by Osler, Hoskin & Harcourt LLP. Osler is a leading, national law firm with a singular focus – your business. We advise clients on an array of domestic and cross-border legal issues, drawing on the expertise of over 500 lawyers to provide the answers you need, when you need them.
Our Legal Year in Review, published December 7, 2022, provides general information only and does not constitute legal or other professional advice. Specific advice should be sought in connection with your circumstances.
For more information about Osler, please visit our website at osler.com. For the full Legal Year in Review, please visit www.legalyearinreview.ca.
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