Publication | June 2016
The main change to Canada’s procurement regime in 2015 was the Canadian Government’s introduction of a new government-wide Integrity Regime for procurement (the “Integrity Regime”), on July 3, 2015. The Integrity Regime is composed of an Ineligibility and Suspension Policy and associated integrity provisions to be incorporated into federal solicitations, contracts, and leases. The Integrity Regime softens some of the obligations in the prior federal Integrity Framework, which Public Works and Government Services Canada (“PWGSC”) introduced in 2012 and amended in 2014, while adding new requirements. The primary features of this new legislation are addressed below.
You should carefully consider your insurance policies to determine which of them may help to recover loss sustained. This might include the cost of cancelled travel or corporate events or any extra costs of working where staff have been told not to come into the workplace for prolonged periods.
The disruption caused by the COVID-19 virus across the supply chains of businesses in almost every industry has resulted in business’ contractual rights and obligations coming under the spotlight – specifically in terms of what can be used to excuse a party from performing their contractual obligations temporarily or, in some cases, indefinitely.
There is a regulatory framework which might provide options if you are experiencing ‘financial difficulty/financial hardship’ which, according to the Banking Code of Practice, means you are unable to repay what you owe and are experiencing difficulty meeting your repayment obligations.
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