The Honourable Marc Garneau, Minister of Foreign Affairs, today announced that Canada will provide $2.25 million to support civil society organizations.
In a statement issued by the Superintendent
released on July 13, 2020, OSFI signalled a gradual restart of
OSFI s policy development work in the fall of 2020. On August
31, 2020, OSFI announced in a series of letters issued to industry that it
would unwind certain of the temporary measures put in place at the
beginning of the pandemic, including a gradual phaseout of the
special capital treatment of loan and insurance premium payment
deferrals that was provided to banks and insurers.
On December 12, 2020, OSFI announced that the domestic stability buffer
would remain at one per cent of total risk-weighted assets, stating
that DSB reduction in March continues to be effective and
Traditionally considered under the purview of voluntary
Corporate Social Responsibility (
CSR ),
Environmental, Social and Governance
(
ESG ) norms or soft law ,
addressing human rights concerns when doing business abroad is
quickly becoming a legal imperative for companies engaged in supply
chain management across all industries and sectors, including
retail and consumer products, technology, financial services,
mining, oil and gas, and manufacturing.
Following the recent global regulatory focus on supply chain
risks and related compliance strategies, Global Affairs Canada
(
GAC ) and the Canadian Trade
Commission Service have issued several measures (the
Measures ), along with a related advisory (the
Advisory ) to Canadian businesses
Two additional regulations made under the
United Nations Act implement the UN suppression of terrorism sanctions and sanctions against Taliban, ISIL (Da esh) and Al-Qaida. The Canadian authorities do not maintain a consolidated list of all designations under the
United Nations Act regulations. However, the UN publishes a consolidated list of all designations under the UN Security Council resolutions on its website.
The sanctions imposed under the
United Nations Act regulations vary depending on the target jurisdiction or group and generally include arms embargoes, trade restrictions, and prohibitions against providing financial services or technical assistance in respect of such covered activities. In addition, the
Posted: Dec 10, 2020 12:23 PM AT | Last Updated: December 10, 2020
Nader Kalai is a Syrian national who has permanent resident status in Canada.(Facebook)
A Nova Scotia court has acquitted a Halifax man on a charge he violated Canada s trade sanctions against Syria.
Nader Kalai, a Syrian national with permanent residency in Canada, is known to be a close associate of Syrian President Bashar al-Assad.
Canada is one of several western countries that have imposed trade sanctions against Syria for human-rights violations.
At the opening of the trial earlier this week, federal Crown prosecutor David Schermbrucker told the judge he would be calling no evidence and asked that Kalai be acquitted. Justice John Bodurtha granted the acquittal on the single count.