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ARTICLE · 19 DECEMBER 2022

Significant National Security Amendments Coming To The Investment Canada Act

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Canada's Minister of Innovation, Science and Industry (the Minister) recently announced significant legislative reforms to the Investment Canada Act (the Act) to bolster national security reviews.

CanadaGovernment, Public Sector

Canada's Minister of Innovation, Science and Industry (the Minister) recently announced significant legislative reforms to the Investment Canada Act (the Act) to bolster national security reviews. The proposed changes focus on foreign investments in Canadian businesses with access to critical assets and/or information, and increase the government's national security review powers.

What you need to know

The proposed amendments:

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