Canada

Located in the Northern part of North America, Canada sits directly on top of the United States. In addition to sharing borders, the United States and Canada are among the largest countries in the world, Canada being the second-largest country by area. And, the land border which is shared with the US, makes it the world’s longest bi-national land border.

Canada was established in 1535 by France and was originally known as the colony of Canada. Today Canada is governed by a Federal-parliamentary democracy and a constitutional monarchy, with Queen Elizabeth as the head of state. At the federal level, it is a bilingual nation, speaking English and French; Canada is one of the most ethnically diverse and multicultural nations in the world, which is primarily the result of large-scale immigration.

Canada has an advanced economy, making it the tenth-largest in the world, based on GDP (in the Human Development Index). It is abundant in natural resources, and relies heavily on a well-developed international trade market. Canada also ranks highly in international measurements for categories including: government transparency, economic freedom, civil liberties, quality of life, education, and healthcare. Canada is a member of the United Nations, G20, G7, NAFTA, Group of Ten, the North Atlantic Treaty Organization, and the Asia-Pacific Economic Cooperation Forum.

Canada is governed by the Constitution of Canada, making it the supreme law of the country. Written text and unwritten conventions govern the Constitution. The Constitution Act of 1982 ended all legislative ties with the UK, while adding an amending formula for the Canadian Charter of Rights and Freedoms. The Supreme Court of Canada is the highest court, and the Judiciary plays an integral role in interpreting powers; the Judiciary also has the power to strike down Acts of Parliament if they violate the Constitution. Common law prevails in all provinces except Quebec, which is regulated by the civil law system.

Canada is a powerful country in terms of its economy, with a GDP of $1.52 trillion US (2016). It is rated as one of the top ten trading nations in the world. The country ranks above the US and many western European countries in the Heritage Foundation Index, and the country experiences extremely low levels of income disparity. The economy is also heavily driven by stock exchange, as the Toronto Stock Exchange is the seventh largest market in the world.

Canada’s economy is highly driven by import and export, and trade with countries including the US, China, and the European Union. Since the 20th century, the country has also experienced growth in mining, manufacturing, and the services sector. The service industry drives the Canadian economy, employing about ¾ of the country’s workforce. Petroleum and forestry are two of the country’s most prominent areas of expertise, driving a great deal of income in these sectors.

The National Law Review covers the latest news, stories, and information regarding Canada, and its provinces. Litigation, employment law changes in the country, new legislation, immigration law, patent application stories, and Canada’s bioeconomy, are among the different stories covered on the National Law Review. Visitors will find up to date stories, news, and cases from Canada regularly on the site.

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Feb
12
2015
A New Target for Distressed Investors: What Claims Traders Need to Know About Target Canada and Canadian Insolvency Law Katten
Oct
13
2013
Second Circuit Affirms Canadian Mining Company’s Victory in Securities Fraud Suit Katten
Aug
24
2014
European Securities and Markets Authority (ESMA) Publishes Updated List of Non-European Economic Area (EEA) Central Counterparties Applying for Recognition Under European Market Infrastructure Directive (EMIR) Katten
Apr
22
2016
CFTC Enters Into Information Sharing MOU With Three Additional Canadian Provinces Katten
Jul
25
2017
Sears Canada Files for CCAA Protection: Distressed Investor's Overview of US Bankruptcy and Canadian Insolvency Law Katten
Nov
4
2016
CFTC Enters Into Information Sharing MOU With Additional Canadian Province Katten
Aug
28
2017
Bridging the Week: August 21 to 25 and August 28, 2017 (Insider Trading; Spoofing; Canadian Regulation of Digital Tokens; Reform) [VIDEO] Katten
Feb
29
2016
Bridging the Week: February 22–26 and 29, 2016 (Position Limits; Short Sales; Canadian Derivatives; Form PR) Katten
Nov
11
2016
ISS Announces Updates to Its Pay-for-Performance Evaluation for US and Canadian Companies Katten
Jul
15
2019
Bridging the Week by Gary DeWaal: July 8 – 12, and July 15, 2019 (Crypto Custody; An International Exchange and Truth; One + One = Two) Katten
Sep
15
2014
OTC Derivatives Regulators Issue Report Regarding Cross-Border Issues Katten
Nov
6
2020
CFTC News & Updates Week of November 2, 2020 Katten
Aug
12
2019
Bridging the Week by Gary DeWaal: August 5 - 9, and August 12, 2019 (Securities or Not; Swap Dealer Misleading Information; Market Abuse) Katten
Oct
22
2015
Canada Adopts the Nice Classification for Goods and Services Lewis Roca Rothgerber LLP
Apr
6
2021
Canadian Trademark Registration: Use or Intent to Use no Longer Required Godfrey & Kahn S.C.
May
24
2013
Conflict Minerals Update: The Courts, Congress, Canada and EU Consultations Beveridge & Diamond PC
Dec
9
2020
Controls and Trade Bans on Plastic Waste Shipments Effective January 1, 2021 Beveridge & Diamond PC
Feb
15
2019
Carbon Markets Roundup 2018 Year in Review Beveridge & Diamond PC
Feb
13
2015
Employer Takes Action After Employees’ Derogatory And Offensive Tweets Damage Its Reputation Allen Matkins Leck Gamble Mallory & Natsis LLP
Jan
15
2019
Can You Name Our Neighbor To The North? Allen Matkins Leck Gamble Mallory & Natsis LLP
Jun
9
2013
Recent Changes to the Application Process for Obtaining an Individual Taxpayer Identification Number (ITIN) Altro LLP
Sep
18
2013
Putting the Canadian-U.S. LLC (Limited Liability Company) Debate to Rest Altro LLP
Feb
18
2014
Planning for Disabled Beneficiaries in Ontario Altro LLP
Jun
13
2013
The New U.S. Immigration Bill – Impacts to Canadians Spending More Time in the U.S. Altro LLP
Sep
19
2013
Expatriation: What it Means to be a “Covered Expatriate” Altro LLP
Sep
25
2013
US taxpayers with Canadian Registered Retirement Savings Accounts (RRSPs)? File now to avoid penalties! Altro LLP
Jun
20
2013
Watch Out for Tax Rate Changes for Trusts Altro LLP
Mar
10
2014
The Complicated Landscape of US Estate Tax Altro LLP
Jun
28
2013
Update: U.S. Senate Votes to Approve Gang of Eight’s U.S. Immigration Reform Bill and Key Canadian Provisions Altro LLP
Sep
26
2013
Registered Retirement Savings Plans in Canada – Cross-Border Rollovers and Other Opportunities for Tax Deferrals & Savings Altro LLP
Mar
25
2014
What is Mine Might Not be Yours: Estate Planning Consideration for Blended Families Altro LLP
Jul
4
2013
Branch or Subsidiary: Tax Planning for Canadian Companies Expanding Operations to the U.S. Altro LLP
Jan
7
2014
Is a U.S. Revocable Trust Okay for Canadians? Altro LLP
Mar
28
2014
The Future of Foreign Account Tax Compliance Act (FATCA) in Canada: Pros and Cons of the Intergovernmental Agreement (IGA) Altro LLP
Jul
5
2013
Defense of Marriage Act's Demise (DOMA) – What it Means for Canadian Residents with U.S. Ties Altro LLP
 

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