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

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

Government of Canada Proposes Significant Amendments to the Investment Canada Act

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

Government of Canada Issues Updated Guidance on National Security Review of Investments

On March 24, 2021 the Government of Canada released updated Guidelines on the National Security Review of Investments under the Investment Canada Act. The Guidelines provide a non-exhaustive list of factors the government...more

CFIUS' Jurisdiction to Review Foreign Investments Expands Effective February 13, 2020

The U.S. Treasury Department, on behalf of the Committee on Foreign Investment in the United States (CFIUS) issued two final regulations implementing the Foreign Investment Risk Review Modernization Act of 2018 (FIRRMA),...more

What Foreign Investors Need to Know About the New National Security Guidelines under the Investment Canada Act

On December 19, 2016, the Canadian Government released new Guidelines on the National Security Review of Investments under the Investment Canada Act (the “Act”) increasing review transparency in an effort to bolster foreign...more

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