In this annual review of Canadian foreign investment law, we discuss developments over the past year, including proposed amendments to the Investment Canada Act (ICA) and new government policies on the treatment of specific...more
2/6/2023
/ Canada ,
Critical Infrastructure Sectors ,
Espionage ,
Foreign Investment ,
Investment Canada Act ,
Investors ,
Minerals ,
National Security ,
Proposed Amendments ,
Russia ,
Transparency
The Canadian government has proposed legislation to update and reinforce its national security review process under the Investment Canada Act (ICA). The proposed changes contained in Bill C-34, National Security Review of...more
The Canadian government recently released the 2021-2022 Annual Report covering non-cultural foreign investment reviews under the Investment Canada Act (ICA) from April 1, 2021 through March 31, 2022. Given the government’s...more
The Canadian government announced a new policy on October 28, 2022 (the Policy) under the Investment Canada Act (ICA) governing investments by state-owned enterprises (SOEs) in Canada’s critical minerals sector....more
The past year generated substantial interest in the operation of the Investment Canada Act (ICA), especially the national security review process, against the backdrop of changes in government policy that purport to...more
After operating in Canada for five years, China Mobile International (Canada) Inc. (CMI) was ordered by the Canadian government in August 2021 to shut down or divest its Canadian operations because of national security...more
12/20/2021
/ Acquisitions ,
Canada ,
China ,
Corporate Counsel ,
Foreign Investment ,
Investment Canada Act ,
Mergers ,
Motion To Stay ,
National Security ,
Networks ,
Telecommunications