Bill Detail
An Act to amend the Special Economic Measures Act
This enactment amends the Special Economic Measures Act to change that Act’s long title to “An Act to provide for the imposition of economic measures against a person, an entity or a foreign state for grave breaches of international peace and security, gross and systematic human rights violations or acts of significant corruption” and its short title to the “Sergei Magnitsky Global Sanctions Act”.
Bill C-324, if passed, would rename the Special Economic Measures Act to the "Sergei Magnitsky Global Sanctions Act". It would also update the Act's purpose to focus on imposing economic sanctions against individuals, entities, or foreign states for severe breaches of international peace, gross human rights violations, or significant corruption. This change aims to align Canada's sanctions regime with global efforts to hold perpetrators of such violations accountable.