Vincent DeRose | Tereposky & DeRose LLP

Canada Imposes Sanctions on Myanmar Military Officials

Canada’s Minister of Foreign Affairs, The Honourable Marc Garneau announced that effective February 18, 2021, Canada is imposing sanctions against 9 Myanmar military officials, under the Special Economic Measures (Burma) Regulations (“Regulations”). This action is followed by the coup d’état perpetrated by the Myanmar Armed Forces. Earlier this month on February 3, 2021, the G7 Foreign Ministers made the… Continue reading Canada Imposes Sanctions on Myanmar Military Officials

A Friend in Need is a Friend Indeed – European...

Canada’s doses of COVID-19 vaccines from Pfizer-BioNTech and Moderna are made in and shipped from Europe. With AstraZeneca being unable to fill Europe’s contract for its vaccine in the first three months of the year, the European Union (EU) issued its temporary Transparency and Authorization Mechanism on 29 January 2021. One of the key highlights of the… Continue reading A Friend in Need is a Friend Indeed – European…

Canada’s Economic Sanctions: All Bark no Bite? Charges Dropped Against...

Under Canada’s regime of economic sanctions, Nader Kalai, a businessman from Halifax was expected to be the first person to face a trial after violating Canada’s sanctions in Syria. However, the trial ended abruptly in January 2021 as the Crown declined to offer any evidence and asked the Court for an acquittal. On May 24,… Continue reading Canada’s Economic Sanctions: All Bark no Bite? Charges Dropped Against…

International Sanctions Lead to Charges Being Laid in Canada and...

On January 12, 2021, the United States Department of Justice announced that it charged three individuals, including two residents of Ontario, Canada in an indictment with conspiracy to export U.S. goods to Iran in violation of the International Emergency Economic Powers Act (IEEPA) and the Iranian Transactions and Sanctions Regulations (ITSR). In addition to the foregoing, the roster of charges includes… Continue reading International Sanctions Lead to Charges Being Laid in Canada and…

Canada Expands Economic Sanctions Against Belarus

On September 29, 2020, Canada, in coordination with the UK, imposed sanctions against 11 Belarusian officials under the Special Economic Measures (Belarus) Regulations (the “Regulations”). This action was followed by controversial presidential elections on August 9, 2020, which were strongly condemned by Canada. Further sanctions against an additional 31 Belarusian officials were introduced by Canada… Continue reading Canada Expands Economic Sanctions Against Belarus

Mexico Defeats Half a Billion ISDS Arbitration Claim Under NAFTA

Tereposky & DeRose had the privilege of assisting the Secretaría de Economía represent Mexico in a claim seeking US$472 million plus interest and costs brought by a US national pursuant to Chapter 11 of the North American Free Trade Agreement (NAFTA). By award dated June 5, 2020, the UNCITRAL rules Tribunal in Joshua Dean Nelson v.… Continue reading Mexico Defeats Half a Billion ISDS Arbitration Claim Under NAFTA

COVID-19 UPDATE: Mandatory Closure of All Non-Essential Workplaces in Certain...

Yesterday afternoon, in an effort to further contain the spread of COVID-19, the Ontario and Quebec governments have ordered the mandatory closure of all no-essential workplaces effective as of tonight, March 24, at 11:59 p.m. In Ontario, this closure will be in effect for 14 days, with a possible extension as the situation evolves. In… Continue reading COVID-19 UPDATE: Mandatory Closure of All Non-Essential Workplaces in Certain…

Combatting COVID-19 through Expedited Supply Contracts with Canada

The Canadian Government has issued a public call to all suppliers who can provide emergency goods or services needed to respond to COVID-19. A dedicated web page can be reviewed here: https://buyandsell.gc.ca/calling-all-suppliers-help-canada-combat-covid-19 (Notice: This URL address is intermittently yielding an error message). Given the importance of responding quickly to COVID-19, the Government’s central purchaser, Public Services and… Continue reading Combatting COVID-19 through Expedited Supply Contracts with Canada

COVID-19 and Supply Chain Disruption

While the full extent to which COVID-19 will affect global supply chains on which Canadian industries rely remains unknown, material disruptions are inevitable. In the near term, it is expected that the cost of supplies from outside Canada will increase. Limited transportation capacity, expedited freight costs, payment premiums to “buy up” the supply chain and… Continue reading COVID-19 and Supply Chain Disruption

Canada Expands Economic Sanctions Against Ukraine

On January 29, 2020, Canada amended the list of designated persons under the Special Economic Measures (Ukraine) Regulations (“the Ukraine Regulations”) adding 6 individuals. As a result, Canada now imposes an asset freeze and dealings prohibition on 202 individuals under the updated Ukraine Regulations. Since entering into force on March 17, 2014, the Ukraine Regulations… Continue reading Canada Expands Economic Sanctions Against Ukraine

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