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Let's talk antitrust: Discussing recent cases and emerging competition issues
Recent cases and judgments have shone a light on some emerging themes and trends that companies will want to consider as part of their risk management framework.
Global | Publication | November 2016
Immigration, Refugees and Citizenship Canada (IRCC) has announced that it plans to reduce visa and work permit processing times for certain workers to two weeks and introduce a short-term work permit exemption for intracompany transferees and experts who will work in Canada for fewer than 30 days per year.
Canada’s Minister of Finance stated in his 2016 Fall Economic Statement that long work permit processing times are making it difficult for Canadian employers to attract the foreign talent they require to succeed. Currently, work permits can take upwards of four months to process.
In light of this, IRCC has announced plans to create a Global Skills Strategy that will reduce visa and work permit processing times to two weeks. This initiative will look to support:
IRCC also plans to introduce a work permit exemption for intracompany transferees, international exchange students and experts entering Canada to work for fewer than 30 days per year.
These proposed changes will benefit Canadian employers and temporary foreign workers as it will facilitate the entry of foreign talent to train Canadian workers and drive innovation. This will result in more jobs for Canadians and a stronger economy.
We will provide additional information on these proposed initiatives as soon as it is available.
Video
Recent cases and judgments have shone a light on some emerging themes and trends that companies will want to consider as part of their risk management framework.
Publication
After a lacklustre finish to 2022 when compared to the vintage year for M&A that was 2021, dealmakers expected 2023 to see the market continue to cool in most sectors, in response to the economic headwinds of rising inflation (with its corresponding impact on financing costs), declining market valuations, tightening regulatory scrutiny and increasing geopolitical tensions.
Publication
On 18 September 2023, the CMA published its Initial Report (Initial Report) on AI Foundation Models (FM), supplemented in April 2024 with the publication of its “Update Paper” focused on potential antitrust risks associated with FMs and a “Technical Update Report” providing more detail on the development on FMs (collectively the “Reports”). Below, we consider these CMA publications.
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