On December 30, 2018, the Comprehensive and Progressive
Agreement for Trans-Pacific Partnership (CPTPP) entered into
force in Canada, Australia, Japan, Mexico, New Zealand and
Singapore. The CPTPP will significantly reduce the regulatory
burden associated with investments into Canada by investors based
in these countries. However, the U.K.'s pending exit from the
European Union (Brexit), which is currently anticipated to take
place at the beginning of April 2019, may have the opposite effect
on investments into Canada by U.K. investors unless Canada and the
U.K. enter into a separate trade agreement.
BENEFICIAL FOREIGN INVESTMENT RULES FOR CANADA'S TRADING
PARTNERS
The Investment Canada Act allows the Canadian
government to review and approve control investments in Canadian
businesses above certain monetary thresholds. Investors based in
countries that have signed free trade agreements with Canada can
make investments up to C$1.5-billion (in enterprise value)
