Search

Export Licence Update for Typhoon Project

The Export Control Joint Unit has updated the open general export licence (OGEL) for military goods related to the collaborative Typhoon project. Turkey has been added as a permitted destination for exports under this licence.

OFAC Sanctions Risks and Cartel Designations

OFAC has settled a $1.7 million case with IMG Academy for sanctions violations related to cartel-linked entities. This highlights increased compliance risks for entities with international touchpoints due to heightened cartel designations and sanctions enforcement.

Vertical Conduct Violation Fines Dropped Six-Fold in 2025

A report indicates that fines for vertical conduct violations globally dropped six-fold in 2025 compared to 2024, with the number of infringement decisions halved. Despite this overall decrease, the European Commission remained the most active enforcer, focusing on the consumer and retail sectors, and resale price maintenance continued to be a key area of scrutiny.

Global Cartel Fines Surge to $3.3 Billion in 2025

Global cartel fines reached $3.3 billion in 2025, the highest total since 2021, driven primarily by enforcement actions in the European Union. The report highlights significant increases in fines from the European Commission and EU member states, while the US saw its lowest fine total in recent memory.

Global Antitrust Fines Rose to $7.7B in 2025

Global antitrust fines reached $7.7 billion in 2025, the highest since 2021, driven by a few major cases, while the total number of infringement decisions fell. Enforcement is increasingly shaped by geopolitical and national security priorities, with a focus on sectors impacting the cost of living.

Ocean Carriers Add Fuel Surcharges Due to Middle East Disruptions

Major ocean carriers are implementing Emergency Fuel Surcharges (EFS) due to Middle East disruptions and increased routing costs. The U.S. Federal Maritime Commission (FMC) requires carriers to provide 30 days' notice for such surcharges, making enforceability dependent on proper filing and effective dates.

Transport Canada Seeks Financial Advisory for High-Speed Rail

Transport Canada is seeking financial advisory services to support the High-Speed Rail (HSR) Initiative during its Co-Development Phase. The initiative aims to create a 1,000 km rail network connecting Toronto and Quebec City. The closing date for bids is April 8, 2026.

IT Systems Audit Services Tender - OSFI

The Office of the Superintendent of Financial Institutions (OSFI) has issued a Notice of Proposed Procurement for Information Technology and Systems Audit Services. The tender closes on March 23, 2026, and is open to specific Supply Arrangement Holders.

Mechatronics Technician Training Tender Closing March 23, 2026

The Government of Canada has issued a tender notice for Mechatronics System- Electronic-Optronic Technician Training Delivery at a post-secondary institution. The tender closes on March 23, 2026, with an estimated contract start date of June 1, 2026.

Tender Notice: Fresh Fruits and Vegetables Acquisition

The Government of Canada has issued a tender notice for the acquisition and delivery of fresh fruits and vegetables for various departments, including the Department of National Defence. The tender closes on April 8, 2026.