Source: Tax Law Link: CRA’s Billion Real Estate Nut: Tough to Crack The Canada Revenue Agency (the “CRA”) recently published a news release (the “Release”), in which it identifies over $1 billion in unpaid taxes in the BC and Ontario real estate sectors since 2015. Nevertheless, it remains unclear how much of this amount will remain after
Source: Trade Law Link: Canada Should Revisit Safeguard Measures on Stainless Steel Wire The Minister of Finance should reconsider the decision to impose safeguard measures on imports of stainless steel wire because the recent agreement between Canada and the U.S. to remove their respective duties on each other’s steel, calls into question the Ca
Source: Tax Law Link: AG Report on Taxation Describes a Porous Canadian Sales Tax Regime Canadian tax policy is bleeding millions in lost e-commerce tax revenue while incentivizing Canadian businesses to expatriate for a competitive advantage, according to the Auditor General of Canada (the “AG”). In one of a series of Spring reports, the AG re
Source: Trade Law Link: Steel Safeguards: CITT Announces a Product Exclusion Process for Stainless Steel Wire and Heavy Plate On May 16, 2019, the Canadian International Trade Tribunal (CITT) announced that it was initiating a Product Exclusion Review to determine whether any imports of stainless steel wire or heavy plate should be excluded from sa
Source: Trade Law Link: Canada’s Announced Support for its Steel Producers will hurt Canadian Steel Importers, Manufacturers and End-Users Canadian steel importers, and manufacturers and end-users who use imported steel, will be affected by the Government’s latest moves to support Canada’s steel producers because the Government’s actions pr
Source: Trade Law Link: Global Perspective on U.S.-China Trade Talks Michael Woods was interviewed for an article by U. S. based Corporate Counsel regarding the ongoing U.S. – China trade talks. His comments on the wider implications of the “heavyweight” battle can be seen at this link: https://www.law.com/2019/05/06/trumps-twitter-threat
Source: Trade Law Link: Michael Woods Interviewed on the Special Challenges Faced by Trade Negotiators Recently Michael Woods was interviewed by the South China Morning Post and asked about the complexities of international trade negotiations in the light of his own GATT and WTO experience. He was quoted on his experience early in the China GATT/
Source: Trade Law Link: Steel Safeguards: The First Test of Canada’s Membership in the Alliance for Multilateralism The Government’s response to the Canadian International Trade Tribunal’s (“CITT”) decision in Steel Safeguards will be Canada’s first test as a new member of the France – Germany coalition to support international cooper
Source: Tax Law Link: .7M for CRA’s “Malicious Prosecution” Set Aside on Appeal The British Columbia Court of Appeal (the “BCCA”) reversed (the “Decision”) a landmark decision (the “Lower Court Decision”) that had awarded a B.C. couple (the “Samaroos”) $1.7 million in damages for the Canada Revenue Agency’s (the “CRA”) p
Source: Tax Law Link: Bribery and Corruption in International Business The SNC-Lavalin affair has dominated the Canadian news media for two months without complete revelation of what really happened. All that we know for sure is that SNC-Lavalin was charged with violations under the anti-corruption statute and that they sought a remediation agreeme