Canada is a top destination for foreign companies and investors
attracted to our wealth of natural resources, stable and sound
political and financial systems, and world-class infrastructure.
While Canada is an open economy and welcoming of foreign
investment, there are issues that corporations and investors should
keep in mind when doing business in Canada. Norton Rose
Fulbright's guide,
Doing Business in Canada, provides a general overview of the
principal corporate, tax and other legal considerations that would
be of interest to foreign businesses wishing to establish or
acquire a business in Canada.
Of particular interest in the M&A
context, the
chapter on competition and Foreign Investment Laws addresses
sections of the federal Competition Act relevant
to an acquirer of an existing Canadian business. The
Competition Act sets out a framework to promote and
maintain fair competition and applies to Canadians and
non-Canadians alike.The Competition Act prohibits
