The monthly newsletter gives you an overview of recent notable changes in Canadian and American immigration. Here is an overview of the most recent news as of June 9, 2023. CANADA Immigration as a continued Headline The Quebec Prime Minister, François Legault, announced new criteria requiring a minimum level of French for economic immigrants applying into the province’s upcoming programs. The goal of the government being to have all economic immigrants speak French by 2026. The province is also seeking to protect...

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On 5 June, a significant collaboration in the field of digital health was unveiled by the European Commission and the World Health Organization (WHO). In June of 2023, the WHO will adopt the EU’s digital COVID-19 certification to form a global system. This global system aims to facilitate international travel and safeguard individuals worldwide from existing and future health risks. It serves as the initial step towards the development of the WHO Global Digital Health Certification Network (GDHCN), which will create a diverse range of digital...

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It has been a turbulent 12 months for the global crypto industry. Clouds first gathered with the collapse of stablecoin Terra and its sister token Luna in May 2022. This was swiftly followed by the bankruptcies of crypto lender Celsius Network and hedge fund Three Arrows Capital. The period of turmoil culminated with the dramatic collapse of crypto giant FTX in November 2022. Recently, the unrest in the American crypto market triggered a run on two central crypto bankers,...

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On May 22, 2023, Ireland’s Data Protection Commission (DPC) published its long-awaited decision in the Meta EU-U.S. data transfer case (Decision). In its landmark Decision, the DPC imposed a record 1.2 billion EUR fine and ordered Meta Platforms Ireland Limited (Meta) to suspend any EU-U.S. transfers of personal data within approximately five months. Meta was also ordered to bring its operations into compliance within six months. Meta has announced that it will appeal the DPC’s decision as well as...

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Inflationary pressures and higher interest rates are now front and center of the executive agenda. Planning for the future based on the realities of this new environment and considering areas of risk is essential. As regulators and markets react to the recent banking disruption, many factors are adding complexity to this equation, even following the recent quarter-point rate hike. Federal guarantees for uninsured deposits, backstops for collateral lending facilities, and an assumed slowdown in the pace of interest rate hikes...

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