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ARTICLE · 06 FEBRUARY 2008

No Clarity In New Guidelines For Foreign State-Owned Enterprises

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On December 7, 2007, the Honourable Minister of Industry, Jim Prentice, gave a speech to the Calgary Chamber of Commerce in which he delivered further insights into the federal government’s view of foreign investment by state-owned enterprises (SOEs).

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Article by Cliff Sosnow, Eric Elvidge, Chad Matheson & Alexis Von Finckenstein, © 2008, Blake, Cassels & Graydon LLP

Originally published in Blakes Bulletin on Blakes Bulletin on International Trade - February 2008.

On December 7, 2007, the Honourable Minister of Industry, Jim Prentice, gave a speech to the Calgary Chamber of Commerce in which he delivered further insights into the federal government's view of foreign investment by state-owned enterprises (SOEs).

In Minister Prentice's speech, he unveiled the new Guidelines for SOEs wishing to invest in Canada. The Minister sought to make it clear that he did not wish to create obstacles nor change the government's policy on foreign investment. However, those who have had a chance to review the Guidelines may wonder what impact the Guidelines will have on foreign investment in Canada.

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