Each day TFO Canada publishes a sample of trade news on the Canadian import market along with any new, updated or changed regulations and legislations regarding international trade; countries in which TFO Canada offers services and on the export sectors which it promotes.
Canada: Passage of the Combating Counterfeit Products Act (Bill C-8)Thursday, December 11, 2014 > 08:59:07
(Government of Canada)
Industry Minister James Moore today welcomed the passage of the Combating Counterfeit Products Act (Bill C-8) into law.
Counterfeit and pirated goods are a growing threat to the Canadian and global economy. They undermine innovation, diminish brand integrity and threaten economic growth as well as the health and safety of Canadians.
Under this new law, the Canada Border Services Agency (CBSA) will be able to take action to prevent illegal counterfeit goods from entering Canada's economy. CBSA will be able to work with businesses and rights holders to identify counterfeit goods at the border and will have the power to search for and detain these illegal goods, preventing them from entering the Canadian marketplace.
This law will protect Canadian consumers, manufacturers and retailers, as well as the Canadian economy, from the health and economic threats presented by counterfeit goods coming into Canada.
Complete details available at http://news.gc.ca/web/article-en.do?nid=913239.