North American Corporate Lawyer

a journal devoted to transnational business law issues

 
Volume VIII, No. 1 2004
Highlights

FOREIGN INVESTMENT

The Expropriation and Arbitration Provisions in Canada's New Foreign Investment Protection and Promotion Agreement: Private Property Rights Versus Public Policy Prerogatives
James P. McIlroy
Canada's recently updated Foreign Investment Protection and Promotion Agreement ("FIPA") model dilutes investor protection in NAFTA expropriation and Investor-State arbitration provisions. Expropriation rights have been modified by the clarification of "indirect expropriation." As James McIlroy explains, the changes in the new FIPA model reflect lessons learned from the NAFTA experience and make it clear that private investor rights are not paramount and can be overridden by a sovereign state's policy objectives.

PRIVACY

Personal Health Information Protection Act, 2004 – Impact on Health Research Activities
Antonella Penta
The recently enacted Ontario Personal Health Information Protection Act, 2004 ("HIPA") is expected to directly affect research activities in Ontario. Researchers may meet the definition of a Health Information Custodian and as such, would have to comply with HIPA. As Antonella Penta explains, researchers who do not meet the definition of a Health Information Custodian could also be affected since Health Information Custodians can only release Personal Health Information to a non-Custodian researcher who had implemented protection procedures and obtained the Privacy Commissioner's approval.

MONEY LAUNDERING

Chasing the Circle of Money: A Brief Overview and Prospectus on the Proceeds of Crime (Money Laundering) and Terrorist Financing Act
H. Scott Fairley, Sarah Neville
Following 9/11, terrorist financing and money laundering legislation gained new importance. In response to its international obligations, Canada amended its Proceeds of Crime (Money Laundering Act), now titled Proceeds of Crime (Money Laundering) and Terrorist Financing Act. Scott Fairley and Sarah Neville argue that the amended legislation and the terrorist financing provisions of the Anti-Terrorism Act now impose considerable burdens upon those engaged in business activity and those in public enforcement.

PRIVACY

Preparing for Privacy Compliance in British Columbia
Howard L. Ehrlich
British Columbia is one of the four provinces in Canada that, in order to opt out of the otherwise federally mandated privacy protection legislation, have recently adopted their own legislation. Howard Ehrlich examines British Columbia's legislation, the Personal Information Protection Act, which regulates the collection, use and disclosure of personal information, and allows individuals access to correct that information.

 

Board

Grant K. Weaver
Editor-in-Chief
Bull, Housser & Tupper

Edward P. Belobaba
Barristers & Solicitors

David A. Chaikof
Torys LLP

Edward C. Chiasson, QC
Borden Ladner Gervais LLP

Riyaz Dattu
McCarthy Tétrault LLP

H. Scott Fairley
Theall & Associates

Paul M. Lalonde
Heenan Blaikie

John Lorn McDougall, QC
Fraser Milner Casgrain LLP

James P. McIlroy
McIlroy & McIlroy Inc.

Julie A. Soloway
Davies Ward Phillips & Vineberg LLP

Brenda C. Swick
Ogilvy Renault