Blog Posts: Canada

Canada Makes Big Changes to Immigrant Investor Program

Canada created the Immigrant Investor Venture Capital (IIVC) Pilot Program. The Program requires immigrant investors to make a $2 million, non-guaranteed investment for 15 years into the IIVC fund, which will be used to invest in Canadian start-ups. Furthermore, each investor must have a net worth of at least $10 million.This is a similar stipulation used in other countries’ immigrant investor programs—the U.K. requires an individual to have $3.1 million to get a visa for investment into the country and Australia requires $12.3 million.

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Posted by Felicia M. Hyde on Sun. March 22, 2015 5:14 PM
Categories: Canada, Direct foreign investment, Immigration

Understanding the Trans-Pacific Partnership and Why it is in Trouble

The Trans-Pacific Partnership (TPP) is a hugely significant trade agreement that, if signed, would govern 40 percent of U.S. imports and exports. The agreement is being negotiated by Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore, the United States and Vietnam. These countries make up 40% of the global economy and other countries may join the pact later. The countries involved in negotiating the TPP account for $1.5 trillion worth of trade in goods and $242 billion worth of services.

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1 Comment | Posted by Leo W. Alley (Will) on Thu. April 3, 2014 8:00 AM
Categories: Canada, Chile, Free Trade, Peru, United States, WikiLeaks

Sneak Preview: Public Policy and the Recognition of Foreign Judgments in Canada

By: Lucien J. Dhooge

This article analyzes Canadian litigation captioned Yaiguaje v. Chevron Corporation which seeks recognition of an $18.2 billion judgment entered in Ecuador in 2011 in what has been labeled as one of the world’s largest environmental lawsuits. The article examines Chevron’s involvement in Ecuador through its predecessor in interest (Texaco) and the history of proceedings in Ecuador, Canada, and the United States and before the Permanent Court of Arbitration. The article then discusses the recognition of foreign judgments in Canada with emphasis upon the public policy defense. The article concludes that utilization of this defense presents significant issues affecting the reputation and credibility of the Canadian judiciary and its liberal approach with respect to recognition of foreign judgments.

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No Comments | Posted by Stephen A. Moore on Fri. November 8, 2013 8:00 AM
Categories: Canada, Conflict of Laws

Free Trade Deal Reached Between Canada and European Union

A new trade deal covers $116 billion in annual trade and makes the E.U. Canada’s second largest trading partner.

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No Comments | Posted by Max P. Biedermann on Tue. November 5, 2013 8:00 AM
Categories: Canada, European Union, Free Trade

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