The global presence of counterfeit products is an increasingly real problem. The RCMP released an update reporting an increase from CAD $7.7 million in 2005 to CAD $38 million in 2012 in the retail value of counterfeit goods seized. Canada is looking to address this economically damaging and potentially harmful situation through Bill C-8 entitled “Combatting Counterfeit Products Act”. Bill C-8 is a positive step towards combatting the problems associated with counterfeit goods and pirated copies. It will also better align Canada with other nations (such as the EU and US) who have already adopted similar measures.
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