Mar. 27, 2024 - Substantial amendments to the Investment Canada Act (ICA) were enacted on March 22, 2024, with the passing of Bill C-34, the National Security Review of Investments Modernization Act. These amendments, long in the works, will come into effect on a date to be fixed by Cabinet. It...
Navigating the Choppy Waters of Foreign Anticorruption Enforcement
The first reported case of corporate foreign corruption dates back to the 16th century, when the British East India Company bribed Mogul rulers with “rare treasures, including paintings, carvings and costly objects made of copper, brass and stone” in consideration of a tax break on exports. Historically, these practices were seen as an essential aspect of doing business abroad, or “as a kind of grease to move economic machinery along when there were bureaucratic obstacles.” Thus, foreign corruption became a well-entrenched profitable practice, which was even welcomed by shareholders of early multinationals.
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Mar. 22, 2024 - The Supreme Court of Canada recently delivered a landmark decision on the privacy rights of Internet users. In R v Bykovets, police investigating an alleged online fraud requested and obtained a suspect’s Internet Protocol (IP) address from a third-party payment processor without a...