
Publication
Canada: Agribusinesses tackle new challenges in employing foreign workers
Agribusinesses traditionally rely on temporary foreign workers (TFWs) to fulfill operational needs. COVID-19 poses new challenges for these businesses.
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Global | Publication | October 2020
The COVID-19 pandemic has had an unprecedented effect on society and the global economy. It has created a new awakening among consumers about the importance of food security, food safety and ensuring proper commodity and food supply chains are in place which utilize safe, locally-sourced commodities and foods. In this section, we explore some of the legal and regulatory changes and challenges that are affecting food companies and agribusinesses all along the value chain from foreign worker mobility and accommodation restrictions, constrains on the supply of certain foreign-sourced products globally, trade disruptions, new protectionist and anti-trust policy developments, and important clarifications with respect to employee health and safety standards.
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Agribusinesses traditionally rely on temporary foreign workers (TFWs) to fulfill operational needs. COVID-19 poses new challenges for these businesses.
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As Canadians continue to self-isolate and eat more meals at home, demands on Canada’s grocery stores and food manufacturers have dramatically increased.
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Following on the heels of new federal support programs for producers employing temporary foreign workers (TFWs), several provinces have announced initiatives to assist agribusinesses faced with an expected shortage in farm workers.
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On December 27, 2022, the European Regulation on digital operational resilience for the financial sector was published. It entered into force on January 17, 2023 and will apply as of January 17, 2025.
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In April 2021, a survey of 34 limited partnerships by the African Private Equity and Venture Capital Association showed that 97% considered it important to take ESG factors into account when making investment decisions. Such a focus on ESG is partly driven by investors, suppliers, customers and local stakeholders requiring ESG to be a principal factor in the terms of any investment or contractual relationship.
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The Regulation of the European Parliament and of the Council on Foreign Subsidies Distorting the Internal Market (the FSR) entered into force on 12 January 2023 and will apply from 12 July 2023. The European Commission (EC) will soon launch a public consultation on an implementing regulation that will provide details regarding notifications, file access and other procedures under the FSR, and is setting up a sizeable taskforce to handle FSR cases.
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