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Canada Releases Updated FIPA Model: A Step Forward for the ISDS System | All Alerts & Newsletters


May.19.2021
On May 13, the Government of Canada released its “modernized and inclusive” Foreign Investment Promotion and Protection Agreement Model (“FIPA Model”), sending a message that it intends to continue to provide international dispute resolution protections to foreign investors. The original iteration of the FIPA Model dates to 2004, which Canada had stated built on its experiences with NAFTA. It subsequently released an updated iteration in 2014. The current FIPA Model reflects further updates based on stakeholder consultations in 2018-2019.
The current FIPA Model also comes on the heels of recent investment-related developments, including the United States-Mexico-Canada Agreement (USMCA), which went in effect in July 2020, and signing of the Canada-UK Trade Continuity Agreement. Canada has not entered into an investment treaty since its agreement with the Republic of Moldova in 2018. ....

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Canadian work permit alternatives to Owner/Operator for immigrant entrepreneurs


The expedited work permit for immigrant entrepreneurs is no more, here are some other options.
The Owner/Operator category has been removed from the Temporary Foreign Worker Program (TFWP) as of April 1, 2021. This category allowed applicants to apply for a work permit without having to do the advertising requirement of the Labour Market Impact Assessment (LMIA).
There have been more changes affecting immigrant entrepreneurs this year. As of January 1, Canada is not processing U.K. applicants under the Comprehensive Economic and Trade Agreement (CETA) Investors. Instead, they are being processed under the new Canada-UK Trade Continuity Agreement.
In order to start a business in Canada, foreign nationals need to get a work permit. The right work permit for you may depend on where you’re from, your role in the company, or what kind of impact your business will have on the Canadian labour market. ....

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Trade trends 2021 | Dentons


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2020 was, to say the least, an unusually active year on the trade front. While 2021 may not be as spectacularly eventful, we nonetheless anticipate several significant developments in international trade, and specifically trade related to Canada, over the coming year. COVID-19 will continue to affect global trade flows and economic growth throughout 2021. The pandemic has highlighted the significance of e-commerce and the importance of new digital trade chapters included in mega-regional trade agreements (like the Comprehensive and Progressive Trans-Pacific Partnership (CPTPP) as well as standalone e-commerce agreements. We also anticipate further East-West decoupling to impact trade through measures focused on separate supply chains for strategic technology and defence goods, as well as ESG-related supply chain legislation, such as legislation governing modern slavery and human trafficking. ....

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