Over the past several months, Global Affairs Canada has been in the process of consultingwith Canadians on the operation of the Canada-United States-Mexico Agreement (“CUSMA” – also known in the US as the “USMCA”) ahead of the first joint review of the agreement set to take place in 2026.
As we have previously blogged about here, CUSMA is the current iteration in a history of “free trade” agreements between Canada, the United States and Mexico, and it includes built-in formal six-year joint reviews between its member nations to consider improvements and possible extensions.
Global Affairs Canada (“GAC”) has announced it is now accepting applications for the 2025-year tariff rate quotas (the “TRQs”) for most dairy products (including cheese and ice cream), and poultry (including eggs). Applications opened October 1, 2024, and the deadline to apply is November 15, 2024.
Global Affairs Canada (“GAC”) recently announced the opening of the tariff-rate quota (the “TRQ”) application period for the 2024-2025 dairy year, which is open from May 1, 2024, to June 15, 2024. We previously talked about the TRQ application process; however, this year’s announcement also comes with changes flowing from New Zealand’s successful challenge of Canada’s dairy TRQ policies.
The Canadian government can and does impose sanctions against foreign States and non-state entities through a complex formula involving several different Acts and regulation sets. Navigating through this myriad of rules can be daunting.
Overview of Canada’s Sanctions Regime
Global Affairs Canada is the overall regulator of Canadian sanctions, and has just released some long-awaited clarifications on the scope of Canada’s current sanctions, which comes in response to the Canadian Senate’s 2023 Standing Committee Report on Foreign Affairs and International Trade.
Canada-India trade and trade relations have plunged, stopped in their collective tracks by a Canadian government allegation that India may have been involved in the assassination of a Canadian Sikh activist.
In the balance is whether a Canada-India Free Trade Agreement (“FTA”) will ever come to fruition, and Canada’s growing trade with this aspiring superpower.
Here are the high points on why and why not a FTA with India would be a good thing for Canada.