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ARTICLE · 22 JULY 2025

Foreign Investment In Canada: Recent Trends And Future Outlook

Blake, Cassels & Graydon LLP
Blake, Cassels & Graydon LLP
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Blake, Cassels & Graydon LLP

Blake, Cassels & Graydon LLP

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The Investment Canada Act (ICA) applies to all investments in Canada by non-Canadians. The purpose of the ICA is "to provide for the review of significant investments in Canada by non-Canadians...

CanadaGovernment, Public Sector
Blakes Foreign Investment Group
Blakes Foreign Investment Group
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Overview of the Investment Canada Act

The Investment Canada Act (ICA) applies to all investments in Canada by non-Canadians. The purpose of the ICA is "to provide for the review of significant investments in Canada by non-Canadians in a manner that encourages investment, economic growth and employment opportunities in Canada and to provide for the review of investments in Canada by non-Canadians that could be injurious to national security."

The administration and enforcement of the ICA by the Government of Canada is closely intertwined with domestic and international political considerations and concerns about Canada's economic security. With Canada facing unprecedented trade and tariff tensions, the ICA is an important component of the government's toolkit in fostering investment in Canada while simultaneously safeguarding Canadian interests, with important implications for Canadian businesses and foreign investors seeking to invest in Canada.

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