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ARTICLE · 28 SEPTEMBER 2022

Canada's Economic Sanctions And Anti-Terrorism Laws: A Guide

Economic sanctions and anti-terrorism laws are having increasing impact on day-to-day business operations for companies in many industries and have also become an important area ...

CanadaInternational Law

Economic sanctions and anti-terrorism laws are having increasing impact on day-to-day business operations for companies in many industries and have also become an important area of diligence for equity transactions and financings. All companies with a nexus to Canada should be aware of these laws and their responsibilities thereunder and take appropriate risk-based steps directed towards compliance.

Canada has a broad range of economic sanctions and anti-terrorism laws targeting certain foreign states and some of their nationals, as well as various terrorist organizations. These laws are generally stated as being binding on individuals and entities when in Canada as well as on Canadian citizens and Canadian-incorporated businesses when they are or are operating outside Canada. These laws prohibit dealings with designated individuals, entities or organizations and in some cases have sector-specific or country or region-specific prohibitions or other limitations such

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The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

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