§Sector
Financial Services & Insurance
Securities, insurance, credit unions, mortgage brokerages, pensions.
Watch this sector via RSSCOVID-19 Economic Recovery Act, 2020, S.O. 2020, c. 18
Future-dated record. Check the official text for the provisions and dates that apply.
New rules for OHIP coverage of out-of-Canada drug-administration services, with retroactive effect back to 2011
Ontario's health insurance regulation now sets out a distinct pathway for covering services performed outside Canada that consist mainly of administering a drug. To qualify, the drug and its administration must be pub…
Canada's US surtax remission order expanded to cover a new surtax order and hundreds of additional goods, with import deadlines extended
The United States Surtax Remission Order (2025) has been significantly expanded. A new surtax order — the United States Surtax Order (2026) — has been added to all major remission categories, meaning importers who pay…
Steel Derivative Goods Surtax extended, Canadian-origin goods exempted, and auto/aerospace phase-out deadline pushed to 2027
Several changes have been made to the Steel Derivative Goods Surtax Order, which imposes a 25% surtax on imported steel derivative goods. A new interpretation clause clarifies that country of origin is determined unde…
Surtax on US steel and aluminum split into two tiers: 25% for some goods, 50% for most
Canada's surtax on steel and aluminum imported from the United States has been restructured into two rates. A smaller group of steel and aluminum goods (mainly finished or consumer-facing items such as cookware, radia…
Canada imposes new surtaxes of 15%, 25%, or 50% on a wide range of U.S.-origin goods
A new federal order imposes surtaxes on hundreds of categories of goods that originate in the United States, calculated as a percentage of their customs value for duty. Depending on which tariff schedule a product fal…
Canada expands Russia sanctions: 15 new individuals, 35 new entities, 121 new ships added to blocked lists
Canada has significantly expanded its Russia sanctions regime by adding 15 new named individuals (entries 1609–1623) and 35 new entities (entries 827–861) to the blocked lists, including drone-related companies, Russi…
CPTPP arbitration coverage extended to future accession protocols under Canada's Commercial Arbitration Act
The schedule of trade agreements eligible for investor-state arbitration under Canada's Commercial Arbitration Act has been updated to cover not just the original Comprehensive and Progressive Agreement for Trans-Paci…
CPTPP Implementation Act updated to formally incorporate the UK's accession and require parliamentary reviews
The federal law implementing the Comprehensive and Progressive Agreement for Trans-Pacific Partnership has been amended to bring the United Kingdom's accession into the main operative text. The definition of 'Agreemen…
Canada adds a dedicated preferential tariff for UK goods under the CPTPP framework
The Customs Tariff has been amended to formally establish the Comprehensive and Progressive United Kingdom Tariff (CPUKT), a new preferential tariff treatment for goods originating in the United Kingdom (including the…
'Build Canada Homes' added as a federal Crown corporation; CPTPP schedule updated to include accession protocols
This amendment makes two substantive changes to the Financial Administration Act. First, a new federal Crown corporation called 'Build Canada Homes' (Maisons Canada) has been added to Schedule III Part I, which lists…
Insurance Companies Act updates the definition of 'regulated foreign entity' by cross-referencing the Bank Act
The definition of 'regulated foreign entity' in the Insurance Companies Act no longer contains its own standalone criteria (incorporation/formation outside Canada in a trade-agreement country plus local financial serv…
Definition of 'regulated foreign entity' in Trust and Loan Companies Act now cross-references the Bank Act
The Act has been updated so that the definition of 'regulated foreign entity' no longer contains its own standalone criteria. Instead, it simply adopts whatever definition that term carries in the Bank Act, keeping th…
Import Control List updated: beef import controls narrowed, new tariff codes added for steel and wheat-based foods
Three sets of changes were made to Canada's Import Control List. First, the import permit requirement for fresh, chilled, and frozen beef (carcasses, bone-in cuts, and boneless cuts) has been narrowed: goods originati…
Record-keeping rules updated for member institutions that are subsidiaries of foreign banks or foreign entities
A previously pending amendment to the deposit insurance by-law has now been brought into force, clarifying when a member institution may keep certain records outside Canada. The rule now explicitly lists two separate…
Mortgage lenders who lost interests to fraudulent registrations get a new compensation claim route under Land Titles
A new section has been added to the regulation prescribing an additional category of claims that can be made against the Land Titles Assurance Fund. Specifically, a chargee (typically a mortgage lender or holder of a…
Payments compliance by-law expanded to cover the new Real-Time Rail (RTR) payment system
Canada's payments compliance framework has been updated to bring the Real-Time Rail (RTR) system explicitly within its scope. The definition of 'clearing member' now includes institutions that exchange payment items t…
Canada's payment system finance rules now cover the new Real-Time Rail (RTR) system
Payments Canada's internal finance by-law has been updated to formally bring the Real-Time Rail (RTR) payment system within its scope. Two key definitions have been extended: 'participant' now includes anyone who is a…
RTR system participants added to the definition of 'direct participant' in Payments Canada's General By-law
The definition of 'direct participant' in Payments Canada's foundational by-law has been expanded to include direct settlement participants in the Real-Time Rail (RTR) system, with an exception for group clearers. The…
Canada's new Real-Time Rail (RTR) payment system gets its governing rulebook
Payments Canada has created a comprehensive by-law establishing the rules for Canada's Real-Time Rail (RTR) — a new system for near-instant electronic payments between financial institutions. The by-law sets out who c…
Ontario OHIP dental benefit rules updated: new fee schedule references, revised payment rates for dental surgeons
The regulation governing which dental services OHIP covers and how much it pays has been updated in several practical ways. The definition of insured dental services now points to the dental benefit schedule's named c…
Ontario Bail Act updated: certificate of lien now registered in land registry, new security deposit and collection rules now in force
Several changes to Ontario's Bail Act that were previously flagged as "not yet in force" are now in effect. The Crown Attorney can now register a certificate of lien directly in the proper land registry office (rather…
Build Canada Homes funding provision repealed; two divisions brought into force
Two previously dormant divisions of the Budget 2025 Implementation Act have now been brought into force by order-in-council. Separately, the provision that authorized up to $11.5 billion in federal payments to fund th…
Canada creates Build Canada Homes, a new federal Crown corporation to boost affordable housing supply
The Build Canada Homes Act establishes Build Canada Homes as a federal Crown corporation with a mandate to promote, support and develop the supply of affordable housing in Canada and to advance innovative, efficient c…
Canada tightens DRC sanctions: narrower arms embargo, updated designations process, and removed DRC-government exemption
Canada has amended its sanctions regulations implementing UN resolutions on the Democratic Republic of the Congo. Key practical changes include: the definition of 'designated person' no longer ties to a specific UN re…
Canada's Somalia sanctions regulations updated to reflect new UN resolutions and streamlined designations
Canada has amended its regulations implementing United Nations sanctions on Somalia. The key practical changes are: the two previous categories of "designated persons" (under paragraph 3 and paragraph 8) have been mer…
Five individuals added to Canada's Iran sanctions list
Canada has added five individuals to the list of persons subject to economic sanctions under the Special Economic Measures (Iran) Regulations. The newly listed individuals are Ali Abdollahi (also known as Ali Abdollah…
Canada's Central African Republic sanctions updated: arms embargo narrowed to non-state actors, several exceptions removed
Canada has amended its sanctions regulations implementing UN resolutions on the Central African Republic. The arms embargo and military-assistance prohibitions have been refocused: they now apply only to non-state arm…
Canada's South Sudan sanctions rules tightened: mercenary assistance added, definitions narrowed
Canada's regulations implementing United Nations sanctions on South Sudan have been updated in several practical ways. A new explicit prohibition has been added covering the provision of technical or financial assista…
New 0.5% levy on interprovincial sales of industrial hemp products takes effect on registration
A new federal order creates a 0.5% levy on the purchase price of 13 listed industrial hemp products (including hemp flower, hempseed, stalk, and extraction biomass) when they are sold in interprovincial trade. Sellers…
Canada Student Financial Assistance Regulations updated for the 2026–2027 loan year with higher grant limits, a raised borrowing cap, and new rules on private for-profit schools
The regulations have been rolled forward to the 2026–2027 loan year with several practical changes for students. The enhanced weekly loan limit of $300 per week, and the elevated grant amounts for part-time students (…
New 25% surtax on imported wood cabinets and vanities for 200 days
Canada has imposed a 25% surtax on imported wood cabinets, bathroom vanities, and their subassemblies for a 200-day period, based on a finding that these imports threaten serious injury to Canadian producers. The surt…
Private security firms will face a per-occurrence cap on general liability insurance claims
Licensed private security and investigative business entities are currently required to carry at least $2,000,000 in general liability insurance. A future amendment will clarify that this $2,000,000 limit applies to a…
Whitecap Dakota Nation added to fiscal management regulations, bringing the rules into force
An amendment to Schedule 2 of these adaptation regulations adds Whitecap Dakota Nation (La Nation dakota de Whitecap) as an eligible Indigenous group under the First Nations Fiscal Management Act framework. This addit…
CDIC differential-premium by-law updated: a previously pending amendment is now in force
An amendment to the Canada Deposit Insurance Corporation Differential Premiums By-law that was previously listed as 'not yet in force' has now been brought into effect. The change narrows the reference used when assig…
BC PST extended to accounting, architectural, engineering, non-residential real estate and security services — with new exemptions
British Columbia's Provincial Sales Tax will now apply to five additional service categories: accounting, architectural, engineering, non-residential real estate (commercial), and security services. Providers of these…
B.C. Home Owner Grant rules updated: veterans supplement formula revised and outdated cross-references removed
The Home Owner Grant Regulation has been amended in three areas. First, the definition of 'additional grant' is narrowed by removing a reference to a specific grant section, tightening which grants qualify. Second, cr…
Designated accommodation area tax expiry extended by five years for one listed area
The expiry date for the designated accommodation area tax applying to item 21 in Schedule 2 of the Designated Accommodation Area Tax Regulation has been pushed back five years. The area in question will now remain sub…
Independent power producers selling electricity to FortisBC must be exempted from utility regulation by the BC Utilities Commission
A new provincial direction requires the BC Utilities Commission to exempt independent power producers (IPPs) from most utility regulatory requirements under Part 3 of the Utilities Commission Act. The exemption applie…
New consumer credit report rights take effect: key provisions of Ontario's 2018 access law now active
Sections of Ontario's Access to Consumer Credit Reports and Elevator Availability Act that amend the Consumer Reporting Act are now coming into force. These provisions cover consumers' rights to access their credit re…
Ontario Consumer Reporting Act updated: consumer score rules, security freezes, and Registrar powers consolidated into force
A large set of amendments to Ontario's Consumer Reporting Act that were previously listed as 'not in force' have now been consolidated into the active text of the law, taking effect together. The definition of 'consum…
Administrative metadata update to the CUSMA Implementation Act consolidated text
The consolidated text of the Canada–United States–Mexico Agreement Implementation Act has received a minor administrative update. The change appears limited to internal version or publication identifiers in the docume…
NAFTA references removed from Canada's Customs Act as the old trade deal is formally replaced by CUSMA
The Customs Act has been updated to strip out all remaining references to NAFTA and 'NAFTA country' across definitions, schedules, marking rules, origin verification procedures, and refund provisions. These terms are…
Canada's steel import surtax order extended by one year and import quotas revised across multiple product categories
The federal order imposing surtaxes on imports of certain steel goods has been extended from a one-year to a two-year term. The quarterly periods covered by the quota and surtax framework have been rolled forward to c…
Order designating the Minister for International Trade under the Invest in Canada Act has been repealed
The statutory order that named the Minister for International Trade as the responsible minister under the Invest in Canada Act has been formally repealed. The operative text of the designation — including the Governor…
President of the King's Privy Council designated as Minister responsible for Invest in Canada Act
A new Order in Council designates the President of the King's Privy Council for Canada as the Minister responsible for the Invest in Canada Act. This replaces the previous ministerial designation made in 2018. The cha…
Softwood lumber export allocation rules repealed in full
The Softwood Lumber Products Export Allocations Regulations have been repealed entirely. All operative provisions — including application requirements, residency rules, ministerial considerations for issuing allocatio…
RCMP pension rules updated for MPs electing to count parliamentary service: deadline removed and payment terms clarified
The regulations governing how RCMP contributors can count prior parliamentary service toward their pension have been updated in several practical ways. The rule requiring the election to be made no later than the day…
Customs duty remission for Russian goods expanded to cover a second product category
The remission order that waives customs duties on certain goods originating in Russia has been broadened. Previously it covered only one product class (tariff item 2844.43.00, a radioactive isotope used in medical and…
Honda Canada granted up to $493,106 customs duty remission on motor vehicles imported in a specific 2020 window
A new federal remission order forgives up to $493,106 in customs duties that Honda Canada Inc. paid or owes on motor vehicles it imported during a one-month period in mid-2020. To receive the refund or relief, Honda C…
Steel export monitoring permit regulations fully repealed
The Export Permit (Steel Monitoring) Regulations have been repealed in their entirety. All substantive provisions — including definitions, the permit application process, issuance requirements, exporter obligations, l…
Public post-secondary educational institutions excluded from 'corporation' definition in bankruptcy law
The definition of 'corporation' in the Bankruptcy and Insolvency Act has been updated to explicitly exclude 'prescribed public post-secondary educational institutions.' This means those institutions, once designated b…
Public post-secondary institutions can now be excluded from CCAA creditor-protection proceedings
The definition of 'company' in the Companies' Creditors Arrangement Act has been updated to exclude 'prescribed public post-secondary educational institutions.' This means that universities, colleges, and other public…
Canada imposes a 10% surtax on a range of imported canned vegetables for 200 days
A new federal order imposes a 10% surtax on the value of certain imported canned vegetables, including canned corn, peas, green and wax beans, mixed vegetables, white, black, red, and pinto beans, and chickpeas. The s…
Payments Canada and its staff gain civil liability immunity for good-faith actions under the Act
A new immunity provision has been added to the Canadian Payments Act shielding Payments Canada (the Association), its directors, officers, employees, and engaged contractors from civil liability — other than contractu…
Excise duty rate increases for spirits and wine capped at 2% for 2026 and conditionally for 2027
The federal Excise Act, 2001 has been updated to extend the existing cap on annual inflation-driven duty rate increases for spirits and wine. For 2026, the rate adjustment factor ("B") is fixed at 1.02 — meaning duty…
Seasonal-worker extended EI benefits window stretched to October 2028, eligibility region definition updated
The amendment extends the time window during which seasonal workers can qualify for additional weeks of Employment Insurance regular benefits. The cut-off date for benefit periods that qualify under the seasonal-worke…
Canada's Critical Cyber Systems Protection Act creates mandatory cyber security obligations for federally regulated operators
A new federal law establishes a comprehensive cyber security compliance framework for federally regulated operators in sectors including telecommunications, banking, energy pipelines, nuclear energy, transportation, a…
Canada's new Cyber Security Act introduces mandatory protections for critical infrastructure operators
A new federal Act creates two main frameworks: amendments to the Telecommunications Act and a new Critical Cyber Systems Protection Act (Part 2, not yet in force). It targets operators of vital services and systems —…
Canada Development Investment Corporation added to Access to Information Act's Schedule II
The Canada Development Investment Corporation Act has been added to Schedule II of the Access to Information Act. Schedule II lists statutes that contain provisions restricting disclosure of information, which affects…
Canada Development Investment Corporation Act brought into force as of June 14, 2026
The Canada Development Investment Corporation Act, which had been enacted but not yet in force, has now been proclaimed in force effective June 14, 2026, by order SI/2026-26. The Act continues the Canada Development I…
Quarterly benefit adjustment rules expanded to cover three additional benefit types under Old Age Security
The rounding and adjustment rules used to calculate quarterly cost-of-living increases have been updated to cover three additional benefit types beyond the pension and supplement that were previously listed. Specifica…
Ontario new-housing HST rebates expanded with higher limits and new first-time-buyer top-ups
The federal regulations that set out the Ontario component of HST rebates for new residential housing have been significantly expanded. Three new rebate streams are added on top of the existing base rebate: (1) a temp…
New rules of origin for Canada–Indonesia trade agreement given force of law
A new regulation gives legal effect in Canada to the rules-of-origin provisions of the Canada–Indonesia Comprehensive Economic Partnership Agreement (CICEPA). These rules determine which goods qualify as originating i…
New rules set shipping conditions for goods to qualify for Canada–Indonesia trade agreement tariff rates
A new regulation establishes the conditions under which goods originating in Indonesia can receive preferential import tariff rates into Canada under the Canada–Indonesia Comprehensive Economic Partnership Agreement (…
Canada's terrorist entity list updated — Euskadi Ta Askatasuna (ETA) removed
The federal list of terrorist entities under the Criminal Code has been updated. Comparing the before and after text, the entry for Euskadi Ta Askatasuna (ETA) — the Basque separatist group also known as Basque Homela…
Small pension payout threshold to double from $1,500 to $3,000 under Ontario pension rules
Ontario's General Regulation under the Pension Benefits Act is being amended to double the dollar threshold used wherever the $1,500 figure appears, replacing it with $3,000. This threshold typically governs when a pe…
Canada adds two individuals and five entities to extremist settler violence sanctions list
Canada has expanded its sanctions targeting individuals and organizations linked to extremist settler violence in the occupied Palestinian territories. Two new individuals have been added to the blocked-persons list:…
Beef cattle levy sunset date extended by one year to June 30, 2027
The provision that sets levy rates on Canadian beef cattle (and related imported beef products) has had its expiry date pushed back by one year. Previously, the core levy-charging sections were set to stop applying on…
B.C. brings three sections of the 2026 Budget Measures Act into force
British Columbia has formally brought sections 62, 63, and 95 of the Budget Measures Implementation Act, 2026 into force by order of the Lieutenant Governor in Council. The regulation itself does not restate the conte…
Securities Rules updated as part of broader transition from Mortgage Brokers Act to Mortgage Services Act licensing
A package of amendments across several B.C. regulations updates references to reflect the replacement of the Mortgage Brokers Act registration regime with the new Mortgage Services Act licensing regime. For the Securi…
B.C. expands legal-proceedings indemnity coverage to include professional bargaining-unit employees and Crown counsel
British Columbia has amended its Excluded Employees (Legal Proceedings) Indemnity Regulation to broaden who qualifies as an "employee" eligible for government indemnity coverage in legal proceedings. The updated defin…
Property Transfer Tax Regulation amended to remove references to a specific Assessment Act provision
A specific cross-reference to section 19 of the Assessment Act has been removed from section 16 of the Property Transfer Tax Regulation. The change strips out that statutory reference in two places within the provisio…
Military pension rate table updated: new 2026 annual amount added
The pension rate table under the Pension Act has been updated to include a new annual figure for 2026, set at $3,513.48. This follows the existing series of annual rate adjustments and extends the schedule by one year…
Duty remission window for Ukrainian goods extended by one year to June 2027
The tariff remission program covering a broad range of Ukrainian food and agricultural products has been extended. Importers who bring eligible goods into Canada under the general remission (subsection 1(1)) now have…
Housekeeping consolidation removes superseded provisions from the 2013 budget implementation act
Two previously repealed provisions of the Economic Action Plan 2013 Act, No. 2 have now been formally removed from the consolidated text. Specifically, a coming-into-force subsection (s. 364(1)) that was already repea…
Deadline for MPPs to choose pension option extended by six weeks
The cut-off date by which Members of Provincial Parliament must make a pension option election under the MPPs Pension Act has been pushed back. The deadline was previously set at June 5, 2026 and has now been moved to…
Canada adds 23 individuals, 5 entities, and 100 vessels to Russia sanctions list
Canada's Russia sanctions regulations have been expanded with three categories of new additions. Twenty-three named individuals have been added to the designated-persons list, meaning their assets in Canada must be fr…
County of Oxford and Township of Norwich authorized to grant development-charge relief to VDK Development Inc.
The regulation has been expanded to allow the County of Oxford and the Township of Norwich to grant assistance to VDK Development Inc. in the form of full or partial exemptions from development charges imposed under t…
Canada enacts free trade agreement with Indonesia, reducing tariffs across hundreds of product categories
Canada has passed legislation implementing a new Comprehensive Economic Partnership Agreement with Indonesia. The Act approves the agreement, gives it legal force in Canada, and establishes the governance machinery—in…
B.C. pension standards regulation updated in two stages, tightening solvency rules and member-contribution notice requirements
British Columbia has issued a new regulation bringing several provisions of the Pension Benefits Standards Amendment Act, 2023 into force in two stages. The first stage rewrites how employers must eliminate a solvency…
B.C. benchmark administrators must switch to 'reasonable assurance report on controls' for all designated benchmarks
The amendment replaces the previous assurance report categories — limited assurance report on compliance and reasonable assurance report on compliance — with a single standard: a "reasonable assurance report on contro…
CDIC Differential Premiums By-law updated with revised internal metadata
The Canada Deposit Insurance Corporation Differential Premiums By-law has been amended. The visible change is limited to internal document metadata — specifically, a numerical code in the by-law's header has been upda…
CDIC deposit insurance by-law updated: examiner definition clarified, intervention guide renamed, and premium filing rules simplified
Four previously pending amendments to the Canada Deposit Insurance Corporation Deposit Insurance Policy By-law have now taken effect and been incorporated into the consolidated text. The definition of 'examiner' is no…
CDIC member institutions must now provide both information AND documents to avoid a premium surcharge
A previously pending amendment to the Canada Deposit Insurance Corporation Prescribed Practices Premium Surcharge By-law has now come into force. Under the updated rule, a member institution triggers a premium surchar…
Canada Deposit Insurance Corporation Differential Premiums By-law has been repealed
The Canada Deposit Insurance Corporation Differential Premiums By-law, which governed how CDIC calculated and assigned risk-based premium categories to member deposit-taking institutions, has been repealed in its enti…
Ontario government authorized to borrow up to $35 billion under new loan legislation
A new Ontario statute authorizes the provincial government to borrow up to $35 billion in total to pay off existing provincial debts and obligations or to make payments required by other legislation out of the Consoli…
Ontario's debt burden reduction strategy must now include metrics in its progress update
The annual debt burden reduction strategy that the Ontario government publishes with each budget must now include a progress update with specific metrics, rather than a general progress report on supporting actions. T…
Ontario Taxation Act updated: dividend tax rates, small business rate, beer credit, Trillium Benefit thresholds, and procedural rules all revised
Ontario's Taxation Act has been amended in several areas. The provincial gross-up rate applied to eligible dividends received by individuals is being reduced for tax years after 2026 (from 22.895% to 15.2283%), and th…
Section 4 of the Privatization Act flagged for future repeal once Lieutenant Governor proclaims a date
An amendment has been added to the consolidated text noting that section 4 of this Act — which exempts privatization transfers from a specific provision of the Financial Administration Act — is scheduled to be repeale…
Future repeal of two Financial Administration Act exemptions flagged in Electricity Act consolidation
The consolidated text of the Electricity Act now includes editorial notes signalling that two provisions — one exempting certain Part transactions from section 28 of the Financial Administration Act (s. 51), and anoth…
New advisory committee will screen WSIB board appointments before they reach the Minister
Pending proclamation, a formal advisory committee must be established to vet and recommend candidates for most WSIB board member positions before the Minister can propose names to the Lieutenant Governor in Council. A…
Ontario expands the election to treat funded benefit plans as unfunded for tax purposes, with new ministerial regulation powers
Planholders of funded benefit plans can now elect to have their employer health tax on benefit plan contributions calculated under the unfunded-plan rules (based on benefits paid rather than contributions made). Previ…
Ontario creates the Protect Ontario Account Investment Fund as a new designated purpose account under the Financial Administration Act
The amendment establishes a new designated purpose account called the Protect Ontario Account Investment Fund (Fonds d'investissement du compte Protéger l'Ontario). The Minister of Finance is required to set up this f…
Ontario pension law expanded to allow variable life benefits, new wind-up rules, and extinguishment of untraceable members' benefits
Ontario's Pension Benefits Act has been amended to introduce a new type of pension payment called a "variable life benefit" — a pooled, non-account-based pension paid from a dedicated fund whose amount can fluctuate b…
Two First Nations added to the schedule of bands eligible under the First Nations Fiscal Management Act
The schedule listing First Nations that can participate in the fiscal management framework — covering local revenue taxation, financial administration, and access to financing — has been updated to add two nations: Na…
BC securities rules updated for mutual fund and investment fund disclosure, conflict reporting, and IRC requirements
The British Columbia Securities Commission has amended four national instruments governing mutual funds and investment funds in BC. Mutual fund prospectus disclosure rules have been updated, including optional introdu…
Three more Saskatchewan First Nations added to GST remission list; short-title provision repealed
This amendment makes two practical changes to the order that remits goods-and-services tax for First Nations in Saskatchewan purchasing land under treaty land entitlement agreements. Three bands — Ahtahkakoop Cree Nat…
American Consumption of Softwood Lumber Products Regulations repealed in full
The American Consumption of Softwood Lumber Products Regulations have been repealed entirely. All provisions—including definitions, data-source rules, formulas for calculating American softwood lumber consumption, mar…
Steel surtax remission expanded: more product types added and in-transit window extended to late December 2025
The federal remission order that waives the steel import surtax for qualifying goods has been updated in two ways. First, the in-transit relief window has been extended: goods that were in transit after August 1, 2025…
Precursor Control Regulations expanded to cover new Schedule V substances and four new chemicals added to controlled schedule
The definitions of Class A and Class B precursors have been broadened to include substances listed in the newly created Schedule V to the Controlled Drugs and Substances Act, in addition to the existing Schedule VI su…
Expanded definitions and updated compliance deadlines for eligible financial contracts at federal member institutions
This amendment to the Canada Deposit Insurance Corporation Eligible Financial Contracts By-law makes three practical changes. First, two new defined terms—'central counterparty' and 'clearing and settlement system'—ar…
B.C. brings into force 2025 amendments to Health Care Costs Recovery Act and updates supporting regulation
British Columbia has activated the Health Care Costs Recovery Amendment Act, 2025 and made corresponding updates to its supporting regulation. The amendments update cross-references within the regulation to reflect ne…
Several Budget 2024 amendment sections repealed before they ever took effect
Sections 213 to 221 and 224 of the Budget Implementation Act, 2024, No. 1 were repealed by a subsequent federal statute before they ever came into force. These sections had been held in reserve, awaiting activation by…
EI appeals now go to the new Employment Insurance Board of Appeal, not the Social Security Tribunal
The Employment Insurance Act has been updated to reflect that appeals of EI Commission decisions are directed to the newly created Employment Insurance Board of Appeal, replacing the previous route through the General…
Advance payment loan limits extended to program year 2026, with higher cap maintained for canola producers
The regulations have been updated to set the maximum advance payment amount for program year 2026 at $250,000 for most agricultural producers. Canola producers continue to benefit from a higher cap of $500,000 for bot…
Federal government remits permanent residence application fees for certain out-of-status construction workers and pandemic healthcare workers
This new federal order grants a refund (or waiver) of the processing fees for permanent resident applications made on humanitarian and compassionate grounds by two specific groups: out-of-status construction workers i…
Federal government creates remission program for US motor vehicle surtax paid by specific importers
A new federal remission order allows named motor vehicle importers — identified by business number in a confidential schedule — to recover surtaxes paid or payable under the 2025 US Motor Vehicles Surtax Order. The re…
Permanent resident application fee waived for certain Afghan nationals approved under specific public policies
The federal government has created a new remission order that cancels the permanent resident status fee for certain Afghan nationals whose applications were approved under one of three specific temporary public polici…
Permanent residency and sponsorship fees waived for Sudan conflict family class applicants
This new federal remission order cancels or refunds the fees normally charged for acquiring permanent resident status and for processing a family sponsorship application, for a specific group connected to the conflict…
Permanent resident status fee waived for certain former child-protection youth who obtained PR under 2024 public policies
The federal government has remitted (waived) the fee normally charged when someone acquires permanent resident status under Canada's immigration rules, for a specific group of people. Those covered are individuals who…
Canada enacts sweeping border security and immigration overhaul covering asylum rules, drug enforcement, and money laundering
A new federal Act introduces broad changes across several intersecting areas. On immigration, it tightens refugee claim eligibility rules, adjusts how asylum claims are processed and referred, expands information-shar…
Federal access-to-information exemptions updated: new laws added, one provision expanded
Schedule II of the Access to Information Act, which lists laws whose confidentiality provisions override the general right to access government records, has been updated in several ways. Three new statutes have been a…
Digital Services Tax Act removed from list of tax laws trustees must account for in bankruptcies
The Digital Services Tax Act has been repealed from the list of federal tax statutes that a bankruptcy trustee must account for before distributing dividends to creditors. Previously, trustees were required to hold ba…
Canada's federal borrowing ceiling raised to $2.541 trillion
The statutory cap on the total amount the federal government may have outstanding in borrowed money at any one time has been increased from $2,126,000,000,000 to $2,541,000,000,000. The ceiling covers borrowings by th…
Canada's Budget 2025 Implementation Act No. 1 is now law, touching tax, housing, banking, transport and more
The federal government has enacted a wide-ranging budget implementation statute that makes changes across dozens of areas of federal law. Key practical effects include: repealing the Digital Services Tax (with refunds…
Cooperatives can now be dissolved immediately if flagged as a terrorist-listed entity
The Canada Cooperatives Act now includes a new ground for administrative dissolution: the Director can dissolve a cooperative without notice if the Minister of Public Safety notifies them that the cooperative is a lis…
Digital Services Tax Act removed from Canada Revenue Agency's list of administered tax laws
The Digital Services Tax Act has been repealed and its entry in the Canada Revenue Agency Act's list of federal tax legislation administered by the CRA has been replaced with a note marking it as repealed. This means…
Canada gets a new standalone statute governing the Canada Development Investment Corporation
A new federal Act formally continues the Canada Development Investment Corporation (CDEV) — previously incorporated under the Canada Business Corporations Act — as a statutory Crown corporation and agent of the federa…
CDIC deposit insurance extended to cover asset acquisitions by federal credit unions from provincial credit societies
The Canada Deposit Insurance Corporation Act has been amended to extend federal deposit insurance protection to deposits held by provincial cooperative credit societies when a federal credit union acquires their asset…
Consumer-Driven Banking Act repealed in full
The Consumer-Driven Banking Act has been repealed. The entire substantive text of the Act — including its provisions on consumer data sharing, the participating entity registry, the technical standards body, prohibiti…
Canada creates a new consumer-directed financial data-sharing framework
A new federal law establishes a formal system — called consumer-driven banking — that lets consumers (including businesses) instruct their bank or other accredited financial institutions to share their financial data…
Corporations linked to terrorism can now be dissolved immediately without prior notice
The Canada Business Corporations Act now adds a fifth ground for the Director to dissolve a federal corporation: being notified by the Minister of Public Safety that the corporation is a "listed entity" under the Crim…
Canada Infrastructure Bank's capital ceiling raised from $35 billion to $45 billion
The maximum amount the federal government can pay to the Canada Infrastructure Bank from the Consolidated Revenue Fund has been increased from $35 billion to $45 billion in aggregate. This change expands the Bank's po…
Federal Digital Services Tax Act text removed from consolidated publication — law remains in force
The full operative text of the Digital Services Tax Act has been removed from this consolidated document, leaving only the title and enacting citation. This is a publishing change to the consolidated text, not a repea…
Digital Services Tax Act removed from excise duty refund filing checklist
The Excise Act, 2001 has been amended to remove the Digital Services Tax Act from the list of federal statutes whose returns must be filed before a person can receive an excise duty overpayment refund or have an overp…
Digital Services Tax Act removed from list of laws EDC can share privileged client information to support
Export Development Canada (EDC) is no longer permitted to share privileged client information with the Minister of National Revenue for the purpose of administering or enforcing the Digital Services Tax Act. The permi…
Consumer-driven banking oversight removed from FCAC's mandate; Senior Deputy Commissioner role abolished
A set of amendments strips out all provisions in the Financial Consumer Agency of Canada Act that related to consumer-driven banking. The Senior Deputy Commissioner for Consumer-Driven Banking position has been repeal…
Federal financial administration rules updated: Digital Services Tax removed from set-off exemption, new trade deals added, Crown corporation deleted
Several targeted changes have been made to Canada's core financial administration legislation. The Digital Services Tax Act has been removed from the list of tax statutes whose amounts are exempt from the government's…
Farm Credit Canada Act now requires periodic parliamentary review of the agency's operations
A new section has been added to the Farm Credit Canada Act requiring the Minister of Agriculture and Agri-Food, in consultation with the Minister of Finance, to review the Act and Farm Credit Canada's operations on a…
Global Minimum Tax Act updated to remove Digital Services Tax Act cross-references in transfer-pricing and filing rules
Two provisions in Canada's Global Minimum Tax Act have been revised to remove references to the Digital Services Tax Act. First, the joint-and-several liability formula for non-arm's-length property transfers no longe…
Mandatory annual audit of Government Annuities accounts by the Auditor General has been removed from the law
The provision requiring the Auditor General to conduct an annual audit of the accounts and financial transactions under the Government Annuities Act and the Government Annuities Improvement Act, and to report results…
Canada's Insurance Companies Act overhauled: longer sunset, higher ownership thresholds, stronger security oversight, and new e-document rules
The federal Insurance Companies Act has been updated in several significant ways. The sunset date by which insurance companies, fraternal benefit societies, and insurance holding companies must either wind up or recei…
OSFI's information-sharing committee gains FINTRAC Director; Superintendent gets broader powers to share and receive information
The Director of the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) has been added as a member of the financial institutions advisory committee, joining the Superintendent, the Bank of Canada Go…
Canada's anti-money-laundering law overhauled: higher fines, tougher compliance orders and new enrolment regime
The Proceeds of Crime (Money Laundering) and Terrorist Financing Act has been significantly amended in two main waves. First, criminal fines for most compliance offences have been sharply increased — for example, gene…
Veterans' pension basic rates locked in retroactively from 1985 to end of 2026, with new Schedule IV listing exact amounts
The amendment formally establishes the dollar amounts of the basic pension payable to disabled Canadian Forces members for every year from April 1, 1985 through December 31, 2026, consolidating them in a new Schedule…
Canada's Red Tape Reduction Act gains new regulatory sandbox powers for innovation and competitiveness
The Act has been restructured and significantly expanded. The existing one-for-one administrative burden rules are now grouped under Part 1, with minor wording updates but no substantive change to those obligations. A…
Retail Payment Activities Act updated: tighter anti-money-laundering grounds for refusing or revoking PSP registration
The Act has been amended to sharpen the anti-money-laundering criteria that allow the Bank of Canada to refuse or revoke a payment service provider's (PSP) registration. The language now refers to being found guilty o…
Canada's sanctions law gains a new Part 2 requiring banks to report and remit profits earned on sanctioned foreign assets
The Special Economic Measures Act has been restructured and expanded. The original sanctions provisions are now grouped under Part 1, while a brand-new Part 2 creates specific obligations for federally regulated finan…
Canada's new Stablecoin Act creates a federal registration and oversight regime for stablecoin issuers
The Stablecoin Act establishes a mandatory federal framework for anyone who creates and makes a stablecoin available for purchase in Canada (with interprovincial or international reach). No one may issue a stablecoin…
Federal student aid blocked for private, for-profit foreign schools — with a phase-out window for current students
A new rule (s. 6.31) prohibits the federal government from providing Canada Student Financial Assistance to students enrolled at private, for-profit designated educational institutions located outside Canada. A delaye…
Luxury tax on aircraft and vessels effectively suspended; registration and filing requirements wound down
The Select Luxury Items Tax Act has been amended to stop the luxury tax from applying to subject aircraft and subject vessels going forward. Any tax that would have become payable under Division 2 of Part 1 in respect…
Federal trust and loan companies get seven-year sunset extension, higher equity thresholds, and stronger security oversight rules
The sunset date allowing federal trust and loan companies to continue carrying on business has been pushed from June 30, 2026 to June 30, 2033, giving the industry a seven-year extension before re-authorization is req…
Underused Housing Tax effectively ended: no tax owed and no returns required from 2025 onward
Two new provisions have been added to the Underused Housing Tax Act that together shut down the tax going forward. First, no tax is payable under the Act for 2025 or any later calendar year. Second, owners of resident…
Mortgage administrators, brokers and lenders now trigger client identity verification at first transaction, matching real estate rules
The regulations now require mortgage administrators, mortgage brokers, and mortgage lenders to verify a client's identity the very first time that obligation arises — the same standard that already applied to real est…
Maximum fines for anti-money-laundering violations raised dramatically, with some violations reclassified as more serious
The maximum administrative monetary penalties (AMPs) for violations of Canada's anti-money-laundering and terrorist financing rules have been significantly increased. Minor violations now carry a maximum penalty of $4…
Co-op housing corporations carved out of purpose-built rental GST/HST rebates unless equity-transfer rules are met
Amendments to Canada's Real Property (GST/HST) Regulations introduce the concept of an "excluded equity housing supply," which blocks certain co-operative housing transactions from qualifying for the enhanced GST/HST…
Digital Services Tax Regulations have been repealed
The Digital Services Tax Regulations, which set out prescribed interest rates, revenue thresholds, the tax rate, and the deduction amount under the Digital Services Tax Act, have been repealed in their entirety. All s…
New regulations set out exclusions, export rules, and transition relief for the federal luxury tax on aircraft, vessels, and vehicles
Canada has enacted formal regulations under the Select Luxury Items Tax Act covering four main areas. First, aircraft and vessels sold under written purchase agreements signed before 2022—or with qualifying pre-2022 d…
Pending amendments expand grounds for suspending or revoking accreditation under the Consumer-Driven Banking Act
A set of amendments—not yet in force—has been appended to the Consumer-Driven Banking Act. The changes broaden the triggers that allow the Bank of Canada to suspend or revoke accreditation for both participating entit…
Upcoming changes will add cybersecurity law to OSFI's oversight and cost-recovery scope
Two amendments that are not yet in force will extend the Superintendent of Financial Institutions' administrative reach to include the Critical Cyber Systems Protection Act. Once in force, OSFI will be required to inc…
Stablecoin Act updated to add pending amendments expanding Bank of Canada oversight and violation rules
A set of amendments has been appended to the Stablecoin Act as provisions "not yet in force." These pending changes would repeal two existing sections dealing with stablecoin issuers, broaden the Bank of Canada's powe…
Canada adds four Iranian entities and five individuals to its Iran sanctions list
Canada has expanded its Special Economic Measures (Iran) Regulations by adding four Iranian companies and five individuals to the sanctions schedules. The four newly listed entities are Chekad Sanat Faraz Asia (also k…
BC replaced the IIROC-named registration instrument with an updated version naming CIRO
The old BC Instrument 22-502, which named the Investment Industry Regulatory Organization of Canada (IIROC) as the body handling securities registration, has been repealed and replaced with a new version of the same i…
BC updates the list of derivatives that must be centrally cleared under National Instrument 94-101
British Columbia's securities regulator has replaced Appendix A of National Instrument 94-101, which sets out the specific derivatives contracts that must be cleared through a central counterparty. The revised list co…
B.C. adds National Pharmacare drug plan and removes insulin pricing exception for pharmacists
Three linked changes take effect together. First, a new drug plan called Plan NP (National Pharmacare) is created; any person who holds a B.C. medicare card is automatically enrolled in it. Second, the existing rule t…
BC creates competitive process and capacity caps for data centres and hydrogen exporters seeking BC Hydro power
A new regulation requires that AI data centres, conventional data centres, and hydrogen-for-export facilities go through a formal competitive process run by BC Hydro (the authority) before receiving new grid connectio…
BC Business Corporations Regulation updated to exempt Indigenous nation-owned companies and professional LLPs from certain corporate requirements
The Business Corporations Regulation has been amended to introduce two new categories of entity — corporations wholly owned by one or more Indigenous nations, and corporations wholly owned by a professional limited li…
Federal government waives repayment obligations for Canadians wrongly approved for dental care coverage
This new remission order cancels the debt that certain Canadian Dental Care Plan participants would otherwise owe the federal government. It covers two groups: people whose eligibility or co-payment amounts were misca…
PIPEDA gains a data-portability framework — but amendments are not yet in force
Parliament has enacted a new Division 1.2 ("Mobility of Personal Information") that, once brought into force, will require organizations subject to a data mobility framework to transfer an individual's personal inform…
Canada adds preferential tariff rates for UK and Indonesia goods, and allows seized goods to be donated to charities
Three sets of changes have been added to the pending (not yet in force) provisions of the Customs Tariff. First, a new Comprehensive and Progressive United Kingdom Tariff (CPUKT) is established, giving goods originati…
Upcoming CPP second additional contribution rate rules added (not yet in force)
The consolidated Canada Pension Plan text now includes three new provisions—not yet in force—that set out how the CPP2 (second additional) employee and employer contribution rate will be calculated once a scheduled re…
Investment Canada Act schedule updated to include Canada–Indonesia trade agreement
The schedule to the Investment Canada Act has been amended to add a reference to the Canada–Indonesia Comprehensive Economic Partnership Agreement (CEPA) and its Article 1.5. This means that investments covered by tha…
New grounds added to Export and Import Permits Act for restricting trade on economic security grounds
Pending amendments (not yet in force) will add new reasons for which the federal government can place goods on export and import control lists. Specifically, authorities will be able to restrict exports or imports to…
CITT gets new inquiry and complaint powers covering goods imported under the proposed Indonesia Tariff
Amendments not yet in force add a new layer of trade-remedy procedures to the Canadian International Trade Tribunal Act specifically for goods that would benefit from an Indonesia Tariff under the Customs Tariff. Once…
Commercial Arbitration Act updated to cover CPTPP accessions and the Canada–Indonesia trade deal
Two additions have been made to Schedule 2 of the Commercial Arbitration Act, which lists the international trade agreements whose investor-state dispute provisions can be arbitrated under the Act. First, the referenc…
Bank of Canada gains authority to charge assessment fees to payment service providers, stablecoin issuers, and open-banking participants
Amendments not yet in force add a new fee-assessment framework to the Bank of Canada Act. The Bank will be able to recover its supervisory costs—related to administering the Retail Payment Activities Act, Consumer-Dri…
New rules prescribe how pension plans must handle asset transfers for missing members
Amendments not yet in force will add detailed procedures for federally regulated pension plans when a member or former member cannot be located and their pension assets must be transferred to a designated entity. Plan…
Future repeal of a key Payment Clearing and Settlement Act provision flagged but not yet in force
An amendment has been added to the consolidated text of the Payment Clearing and Settlement Act noting that section 12.1 of the Act is scheduled for repeal by a 2026 statute. This change is explicitly marked as 'not i…
Aluminum importers will face new traceability requirements for smelting and casting origins
Pending amendments to General Import Permit No. 83 will require Canadian residents importing aluminum products to disclose significantly more information about where the aluminum was smelted and cast. Importers must i…
Canada's CPTPP Act updated to accommodate UK accession and future treaty expansions
Amendments not yet in force have been appended to the consolidated text of the CPTPP Implementation Act. These pending changes redefine "Agreement" to include any future accession protocols listed in a new schedule, e…
Administrative metadata update to the MV Sonia Remission Order — no substantive change
The consolidated text of the MV Sonia Remission Order, 2007 received a metadata or version-numbering update in the official record. No provisions of the Order itself were altered — the remission terms, conditions, and…
Transitional-law footnotes removed from Equal Wages Guidelines, 1986
Two transitional provisions that had been appended to the Equal Wages Guidelines, 1986 have been removed from the consolidated text. These provisions — which explained how the Public Service Labour Relations Board and…