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Bill C-50

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SUMMARY

This enactment gives effect to the rights of Canada pursuant to the Protocol on the Accession of the People's Republic of China to the World Trade Organization that came into effect on December 11, 2001.

The enactment amends the Canadian International Trade Tribunal Act, the Customs Tariff and the Export and Import Permits Act to authorize the Governor in Council to impose, under certain conditions and after an inquiry by the Canadian International Trade Tribunal, special trade measures to protect Canadian industries from injury or threat of injury that could be caused by imports from the People's Republic of China. These special trade measures, called safeguards, will be available until December 11, 2013.

The enactment also amends the Special Import Measures Act to allow the Canada Customs and Revenue Agency greater flexibility in conducting anti-dumping investigations related to imported Chinese goods when the price or the cost of production of those goods in China is not determined by market economy conditions.