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ARTICLE · 15 APRIL 2014

Going North: Foreign Investment In Canada

Clark Wilson LLP
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Target and J. Crew recently expanded to Canada and Nordstroms is on the way.

CanadaInternational Law
Aaron Singer
Aaron Singer
Ravinder Bindra
Ravinder Bindra
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INTRODUCTION

Target and J. Crew recently expanded to Canada and Nordstroms is on the way. Petronas, Korea Gas Corporation, PetroChina, Shell, Mitsubishi Corporation and other oil and gas behemoths have announced or are considering major investments in British Columbia's burgeoning LNG industry.1 These are a just a few examples of some of the larger foreign investments currently being undertaken in Canada.

For many years investors and businesses, large and small, from the U.S. and around the world have been attracted to Canada's strong economic fundamentals, abundance of natural resources, skilled labor force and business-friendly environment. While Canada is very much receptive to and has few restrictions on such foreign investment, certain investments are subject to governmental review and certain industries are subject to ownership and control limits under Canadian law.

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