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Canada Investment Canada Act Foreign Investment

Blake, Cassels & Graydon LLP

Entrée en vigueur de la première série de modifications apportées à la Loi sur Investissement Canada

Le 3 septembre 2024, une première série de modifications apportées aux dispositions en matière de sécurité nationale de la Loi sur Investissement Canada (la « LIC ») est entrée en vigueur. Ces modifications changent...more

Blake, Cassels & Graydon LLP

Investment Canada Act: A New Era for Foreign Investment Reviews

Recent and upcoming reforms to the Investment Canada Act (ICA) introduce significant changes that will impact various sectors. These changes reflect a heightened emphasis on national security reviews, signalling a shift in...more

Blake, Cassels & Graydon LLP

Next Steps in the Overhaul of the Investment Canada Act Come into Force

On September 3, 2024, another wave of amendments to the Investment Canada Act’s (ICA) national security provisions came into effect. In particular, these amendments: (i) significantly alter the landscape for national security...more

Davies Ward Phillips & Vineberg LLP

Canada Signals High Bar for Investment Canada Act Approvals for Acquisitions of Critical Minerals Businesses

Canada’s Minister of Innovation, Science and Industry (Minister) recently issued a Ministerial Statement on Net Benefit Reviews of Canadian Critical Minerals Companies. Transactions involving important Canadian mining...more

Stikeman Elliott LLP

Enhanced Scrutiny a Virtual Certainty: Canadian Government to Closely Scrutinize Foreign Investments in Interactive Digital Media

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Canadian businesses involved in the interactive digital media sector, including video games and augmented reality, should be aware of the implications of the Investment Canada Act and the Canadian government’s recent policy...more

Davies Ward Phillips & Vineberg LLP

Canadian Government Enacts Major Amendments to the Investment Canada Act to Enhance Canada’s National Security Review Regime

Substantial amendments to the Investment Canada Act (ICA) were enacted on March 22, 2024, with the passing of Bill C-34, the National Security Review of Investments Modernization Act. These amendments, long in the works, will...more

Stikeman Elliott LLP

Increased Investment Canada Act Review Thresholds Announced for 2024

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The Canadian government has increased the monetary thresholds to determine whether a net benefit review of a foreign investment in Canada is required under the Investment Canada Act for 2024. All acquisitions of control of...more

Stikeman Elliott LLP

Planning for Canada’s New Suspensory FDI Framework – Timing and Tactics for an Uncertain Transition

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For more than a year, Canada’s foreign investment review regime has been on the cusp of a dramatic expansion that will supercharge foreign investors’ obligations to obtain pre-closing national security non-objection or...more

International Lawyers Network

Establishing a Business Entity in Canada (Updated)

INTRODUCTION - Bilingual and Bi-Juridical - Canada is a bilingual, bi-juridical, and multi-cultural country, composed of 10 provinces and 3 territories. English and French are federally mandated official languages...more

Stikeman Elliott LLP

What’s in a Name? Canadian Government Focused on Putting Out National Security Fires

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When is a name change more than a name change? When the change is a reflection of shifting government priorities and an enhanced focus on national security scrutiny of inbound foreign investment in Canada....more

Bennett Jones LLP

Competition Act Review Threshold Remains Same for Third Year in Row While Investment Canada Act Review Threshold Increases for...

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For the third year in a row the Competition Bureau announced that the transaction-size threshold for pre-merger notification under the Competition Act will be $93 million....more

Davies Ward Phillips & Vineberg LLP

Canadian Foreign Investment Law in 2023: National Security Is (Still) Paramount

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

Cozen O'Connor

Canada Proposes Sweeping National Security Updates to Investment Canada Act

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Foreign investors in Canadian businesses are set to face tougher national security review provisions under the Investment Canada Act (the ICA). Canada’s Minister of Innovation, Science, and Industry proposed sweeping...more

International Lawyers Network

Establishing A Business Entity In Canada (Updated)

Bilingual and Bi-Juridical - Canada is a bilingual, bi-juridical, and multicultural country, composed of 10 provinces and 3 territories. English and French are federally mandated official languages pursuant to the...more

Bennett Jones LLP

Canadian Government Signals Enhanced Scrutiny of Foreign Investments in the Critical Minerals Sector

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There have been significant recent developments related to the treatment of foreign investments in the critical minerals sector, particularly by foreign state-owned enterprises (SOEs) and foreign-influenced private investors....more

Bennett Jones LLP

Government of Canada Proposes Significant Amendments to the Investment Canada Act

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On December 7, 2022, François-Philippe Champagne, the Minister of Innovation, Science and Industry (the Minister), announced several proposed amendments to the national security regime under the Investment Canada Act (ICA)...more

Stikeman Elliott LLP

Foreign Direct Investment Regimes 2023: Canada

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Foreign Investment Policy - 1.1 - What is the national policy with regard to the review of foreign investments (including transactions) on national security and public order grounds? The review of foreign investments...more

Stikeman Elliott LLP

Proposed Amendments to National Security Review Regime Include Mandatory Pre-Closing Filings

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On Wednesday, December 7, the Minister of Innovation, Science, and Industry introduced the National Security Review of Investments Modernization Act. It proposes significant amendments to the national security regime operated...more

Blake, Cassels & Graydon LLP

Canadian Government Proposes Important Changes to Expand National Security Review Powers Under the Investment Canada Act

On December 7, 2022, François-Philippe Champagne, Canada’s Minister of Innovation, Science and Industry (Minister), announced a sweeping set of proposed amendments to the national security provisions of the Investment Canada...more

Davies Ward Phillips & Vineberg LLP

Government Report Indicates Robust Foreign Investment Review in Canada

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

Stikeman Elliott LLP

Ten Key Considerations for Growth Equity Investments in Canada: Part 2

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As growth equity investment strategies gain prominence in global private equity fundraising and institutional capital allocation, we have seen an increase in this type of investment in Canadian companies, particularly by U.S....more

Stikeman Elliott LLP

Canadian Government Releases New Policy Regarding Foreign Investments from State-Owned Enterprises in Critical Minerals Under the...

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On October 28, 2022, the Government of Canada released a policy providing additional clarity about how the Investment Canada Act (ICA) will be applied to investments in Canadian entities and assets in critical minerals...more

Bennett Jones LLP

Government of Canada Issues Policy Statement Impacting Russian Foreign Investment in Canada

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On March 8, 2022, the Honourable François-Philippe Champagne, Minister of Innovation, Science and Industry issued a policy statement advising non-Canadian investors and Canadian businesses to review their investment plans...more

Davies Ward Phillips & Vineberg LLP

Foreign Investment Review in Canada: Top Trends and Developments for 2022

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

Stikeman Elliott LLP

Private Equity - Recent Developments Of Importance

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The first nine months of 2021 set records for global M&A activity and kept private equity firms especially busy. An abundance of dry powder and low interest rates have encouraged private equity investors to make up for lost...more

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