On June 22, 2017, the 2017 budget implementation bill (Bill C-44) received royal assent, enacting amendments to Canada's foreign investment regime, ...

October 7, 2013 marked the first time that the Canadian Government expressly rejected a proposed foreign investment on the basis of the national security provisions that were added to the Investment Canada Act in 2009.

On August 2, 2022, amendments to the National Security Review of Investments Regulations will come into force, creating a voluntary filing mechanism for investors who...

The Canadian federal government (the Government) has announced that it is taking steps to protect Canadian businesses by tightening their enforcement of the rules

On May 24, 2017, Navdeep Bains, Minister of Innovation, Science and Economic Development, officially launched the $950 million federal government initiative to select and develop up to five...

On August 6, 2021, the Governor in Council issued an order under the Investment Canada Act (ICA) requiring a Chinese state-owned telecom company to either divest or wind up the operations of its Canadian subsidiary within 90 days (the "Order").

On March 24, 2021, Minister of Innovation, Science and Industry, the Honourable François-Philippe Champagne released a statement regarding an update to the Guidelines on the National Security Review of Investments, ...

Since 2015, the Canadian Government has raised the threshold for "net benefit to Canada" reviews from CA$600 million in the target's enterprise value to CA$1.568 billion for investors from

On April 18, the Minister of Innovation, Science and Industry issued a policy statement announcing that the Government of Canada will subject certain foreign investments in Canada to enhanced...

The changes also significantly increase the amount of time the government has to review any investment that has not been notified.

Accordingly, there is growing traction and political sponsorship in Canada to — at the very least — undertake a substantive review of the Competition Act.

As of August 2, 2022, foreign investors are able to file a voluntary notice where they otherwise would not be subject to mandatory notification or net benefit review.

The extension power proposed in the TLPA may be invoked up to September 30, 2020 and may have retroactive effect to March 13, 2020.

In Budget 2024, the Department of Finance invited stakeholders to provide suggestions by July 15, 2024, on how the qualified investment rules could be modernized to improve the clarity and coherence...

On Monday, March 27, 2017, Justin Trudeau's Liberal government reportedly reversed a decision of the previous Conservative government of Stephen Harper to block the purchase of a technology company...

In our annual forecast of the year ahead for Canadian competition and foreign investment review law...

In our annual Tax Review and Outlook report, we outline significant tax developments that shaped the Canadian and U.S. tax landscapes over the past year and consider what to watch for in the year ahead.

Guidance from law enforcement and regulators on their priorities and expectations is a valuable tool for managing risk for businesses and individuals. On August 14, 2020, the U.S. Department...

On April 17, 2025, the Protect Ontario by Unleashing our Economy Act, 2025 ("Bill 5") completed its first reading in the Legislative Assembly of Ontario.

On April 29, 2026, following the conclusion of multilateral charter negotiations in Montréal, Canada was unanimously selected by the 19 founding member nations as the future host country for the headquarters...