Highlights

  • The Canadian Egg Marketing Agency has updated federal egg production quotas for each province and territory for the period from late 2023 to late 2024.
  • The Canadian government has amended regulations to restrict the import of Russian diamonds in response to Russia’s invasion of Ukraine.
  • The amendments prohibit the import of Russian diamonds weighing 0.5 carats or more, with certain exemptions for diamonds already outside Russia before the bans.
  • These changes align with G7 commitments and aim to reduce Russia’s revenue from diamond exports.
  • Consultations with the Canadian diamond industry informed the amendments, addressing concerns about documentation requirements and existing diamond stocks.
  • The regulations are enforced by the Canada Border Services Agency and Global Affairs Canada, requiring importers to verify the origin of their diamonds.

Updated Federal Egg Production Quotas for Canadian Provinces and Territories 2024

The Canadian Egg Marketing Agency, established under the Farm Products Agencies Act, has amended the Canadian Egg Marketing Agency Quota Regulations, 1986. The amendment updates the federal quotas for egg production for the period from December 31, 2023, to December 28, 2024. The new quotas specify the number of dozens of eggs that producers in each province and territory can market. The quotas are as follows: Ontario (301,045,335), Quebec (171,352,370), Nova Scotia (25,714,547), New Brunswick (16,123,121), Manitoba (75,107,927), British Columbia (104,161,441), Prince Edward Island (4,267,260), Saskatchewan (38,381,905), Alberta (88,536,480), Newfoundland and Labrador (11,503,872), and Northwest Territories (3,757,213). These regulations come into effect on September 8, 2024. [Source]

Canada Tightens Restrictions on Russian Diamond Imports to Align with G7 Commitments

The Canadian government has amended the Special Economic Measures (Russia) Regulations to further restrict the import, purchase, or acquisition of diamonds from Russia. This action is in response to Russia’s invasion of Ukraine and aims to reduce Russia’s revenue from diamond exports, which support its military activities. The amendments prohibit the import of diamonds weighing 0.5 carats or more if they originate from Russia, unless they were exported from Russia before specific dates in 2024. The regulations also introduce exemptions for “legacy diamonds” that were outside Russia before the bans took effect.

The amendments align with commitments made by G7 countries, which represent a significant portion of the global diamond market. The G7 has already implemented direct and indirect bans on Russian diamonds, and these amendments ensure Canada remains in step with its partners. The changes also address industry concerns about existing diamond stocks by allowing the import of diamonds that were already outside Russia before the bans.

Consultations with stakeholders, including the Canadian diamond industry, informed the amendments. The industry provided feedback on documentation requirements to prove the origin of diamonds, which helped shape the regulations. The amendments are expected to impose minor costs on importers, who will need to provide documentation to verify the origin of their diamonds.

The amendments are enforced by the Canada Border Services Agency (CBSA) and Global Affairs Canada (GAC), with importers required to provide supporting documentation upon request. The regulations aim to minimize the financial burden on the diamond industry while ensuring that Russian diamonds do not enter the Canadian market. The amendments also include provisions for legacy diamonds to address industry concerns and maintain regulatory consistency with G7 partners. [Source]

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