Day: May 26, 2024

ICYMI: Federal government to amend Citizenship Act, removing ‘second-generation cut-off’ introduced by Conservative government

Canada plans to restore the right of citizens born abroad to pass their citizenship to children also born outside the country, following a court ruling that a “first-generation limit” in the law was unconstitutional.

The federal government announced legislation to amend the Citizenship Act, removing a “second-generation cut-off” introduced by the previous Conservative government, after an Ontario court ruled in December that the limit was unconstitutional. Continue reading…
http://dlvr.it/T7PYZM

Foreign ministers confident of agreement to use bank assets as security for Ukraine reconstruction loan

Hopes of a multi-country deal to use $300bn of Russian state assets frozen in the European banking system to support Ukraine have grown after it emerged that G7 ministers were confident of overcoming technical and political obstacles at a meeting in northern Italy on Saturday.

The Canadian finance minister, Chrystia Freeland, said she was optimistic that G7 leaders would reach an agreement, as support coalesced around a plan to use frozen Russian central bank assets as security for a $50bn (£39bn) loan. Continue reading…
http://dlvr.it/T7PYLn