Baker McKenzie’s Sanctions Blog published the alert titled Canada Announces Additional Sanctions against Russia: 34 Individuals and 1 Entity Designated on 19 October 2022. Read the article via the link here. Please also visit our Sanctions Blog for the most recent updates.
On 19 October 2022, Canada announced its third round of sanctions measures against the Iranian regime in response to its “ongoing gross and systematic human rights violations and continued actions to destabilize regional peace and security.” These measures add an additional six individuals and four entities to Schedule 1 of the Special Economic Measures (Iran) Regulations.
On October 13, 2022, Canada announced further sanctions measures with respect to Iran, designating an additional seventeen individuals and three entities under Schedule 1 of the Special Economic Measures (Iran) Regulations.
Baker McKenzie’s Sanctions Blog published the alert titled Canada Introduces Additional Sanctions with respect to Russia and Ukraine on 4 October 2022. Read the article via the link here. Please also visit our Sanctions Blog for the most recent updates.
On 4 February 2022, the Canadian Department of Finance released a proposed set of rules “EIFEL Rules”) intended to address concerns that Canadian taxpayers that are part of a multinational group are deducting excessive interest and other financing costs. The EIFEL Rules restrict the deductibility of net interest and other financing expenses. Although technical amendments are expected, it is anticipated that the EIFEL Rules will begin to apply for tax years that begin in 2023. Multinational groups with Canadian members are encouraged to consider the impact of the EIFEL Rules, and potential mitigation and optimization strategies, now.
Through the Canadian Labour and Employment Law blog, our lawyers provide legal updates and practical insights to help clients understand,…
Baker McKenzie’s Sanctions Blog published the alert titled Canada introduces additional designations on 62 Russian government officials and their family members, and 1 defence sector entity on 24 August 2022. Read the article via the link here. Please also visit our Sanctions Blog for the most recent updates.
In Canada, attempting to stop an employee from sharing confidential information, competing, or soliciting customers, suppliers or employees can be tricky. In this In Focus video, our Labor and Employment lawyers discuss the current state of the restrictive covenant landscape and what steps employers can take to protect their businesses.
Baker McKenzie’s Sanctions Blog published the alert titled Canada Introduces Additional Designations on 43 Military Officials and 17 Defense Sector Entities on 4 August 2022. Read the article via the link here. Please also visit our Sanctions Blog for the most recent updates.
Baker McKenzie’s Sanctions Blog published the alert titled Canada bans the provision of two additional services to the Russian oil, gas, chemical and manufacturing industries, designates eight new sanctioned manufacturing industries on 20 July 2022. Read the article via the link here. Please also visit our Sanctions Blog for the most recent updates.