2020 was, to say the least, an unusually active year on the trade front. While 2021 may not be as spectacularly eventful, we nonetheless anticipate several significant developments in international trade, and specifically trade related to Canada, over the coming year. COVID-19 will continue to affect global trade flows and economic growth throughout 2021. The pandemic has highlighted the significance of e-commerce and the importance of new digital trade chapters included in mega-regional trade agreements (like the Comprehensive and Progressive Trans-Pacific Partnership (CPTPP) as well as standalone e-commerce agreements. We also anticipate further East-West decoupling to impact trade through measures focused on separate supply chains for strategic technology and defence goods, as well as ESG-related supply chain legislation, such as legislation governing modern slavery and human trafficking.
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This piece was originally published on dentons.com
To read other articles in the Dentons’ pick of Canadian Regulatory Trends to Watch in 2021 series, click here.
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About Paul Lalonde
Paul Lalonde joined Dentons Canada LLP’s Toronto office in 2014 as a Partner. He focuses on government contracting law, international trade, anti-corruption and international arbitration. Mr. Lalonde is one of Canada’s leading experts on government procurement. He has represented clients in numerous government contracting disputes, including before the Canadian International Trade Tribunal, the Federal Court of Canada and provincial tribunals. His expertise encompasses anti-dumping and countervail investigations, customs, import and export controls, international sanctions, anti-corruption compliance and investigations and international business.
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About Sean Stephenson
Sean Stephenson is a senior associate in our Corporate group, where he focuses on international trade, investment, anti-corruption, procurement and public international law. Throughout his practice, Sean has gained extensive experience in investment treaty arbitrations, including acting in multiple cases under the UNCITRAL Arbitration Rules with respect to all phases of proceedings in complex disputes in the Americas and Europe. He has acted in and advised on cases under the NAFTA, CAFTA-DR and bilateral investment treaties in a large number of sectors.
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