Lorne Lipkus said the value of Canada’s counterfeit market is likely $20 billion to $30 billion, but the country’s record on fighting fake goods is among the worst in the world. Before the new law was passed in December 2014, the RCMP took the lead on seizing counterfeit goods. In 2012, the police force seized $38.1 million in fake goods, up from $7.7 million in 2005. “We would have expected there to be more seizures.”The RCMP still has the authority to seize counterfeit products on its own. “We should be very, very aware of these issues.”Canada’s record on fighting counterfeit goods is also a source of concern for its trading partners.

Source: National Post June 12, 2017 04:52 UTC