For years, stakeholders have been calling on the government to implement a voluntary filing regime in respect of certain classes of transaction that are not subject to a mandatory filing obligation.

On December 19, 2016, the Canadian Government released new Guidelines on the National Security Review of Investments under the Investment Canada Act increasing review transparency...

Goodmans Counsel Kate McNeece hosts CBA's Counterfactual podcast episode 22, Fair Trade?: North American Competitiveness, Tariffs and Trade with Professor Meredith Lilly.

Canada's regulatory landscape is constantly shifting in response to political, economic, social and environmental developments.

It is widely acknowledged that India has an acute need for better transportation infrastructure (including roads, ports and airports) as well as better power and telecommunications infrastructure. For transport infrastructure alone, the Indian government has publicly estimated that investment of approximately US$320 billion will be needed by 2012.

On March 4, 2010 , Budget 2010 proposed important changes to the non-resident clearance certificate and withholding tax rules in section 116 of the Income Tax Act .

On December 14, 2009, the Department of Finance released a backgrounder containing legislative proposals in response to the recent Federal Court of Appeal decision The Queen v. The Canadian Medical Protective Association ("CMPA") rendered in April 2009.

On October 7, 2013, the Canadian government announced its decision to block Accelero Capital Holdings’ proposed $520 million acquisition of Manitoba Telecom Services’ Allstream Division under the national security provisions of the Investment Canada Act.

The expectation of sustained commodity demand has increased investor interest in mining projects in frontier markets.

The first half of 2009 saw continued popularity of private investment in public equity (PIPE) transactions.

On March 5, 2025, the Minister of Innovation, Science and Economic Development Canada (the "Minister" or the "ISED") released several updates to its Guidelines on the National Security Review...

Le gouvernement canadien a annoncé que les seuils financiers d'examen de l'avantage net des investissements étrangers au Canada avant la clôture d'une opération ont été diminués en 2021 aux...

Canadian competition law and foreign investment reviews enforcement continues to evolve as regulators balance stronger enforcement powers with broader economic priorities, including productivity, investment attraction and reducing regulatory burdens. Businesses should expect continued scrutiny across mergers, commercial conduct, marketing practices and litigation exposure.

The Canadian government's move to restrict foreign investment in Canada's mining sector has created a grey area for mineral explorers and developers, according to Torys partner Braden Jebson.

Torys' Canadian and New York offices will be providing regular briefs on the legal ramifications of the tariffs and other cross-border policy developments on the horizon.

The federal government has updated its national guidelines around foreign investments in Canadian companies—a change that was deemed necessary due to "the rapidly shifting trade environment,"...

Important amendments to the Investment Canada Act (the ICA) came into force this week. These amendments are largely designed to strengthen the Minister of Innovation, Science and Economic Development's (the Minister's)...

Foreign investors in Canada's critical minerals sector will soon face a new mandatory pre-closing notification regime requiring government review before transactions can close. The regime, expected in early 2027, will significantly expand the scope of investments subject to national security reviews, including minority stakes and asset purchases. What are the key implications for deal timing, penalties, and transaction structure in this evolving regulatory landscape?

Reverse termination fees (RTFs) are fees payable by acquirors if an acquisition agreement is terminated based on the occurrence of certain events that constitute...

Following several important policy and legislative changes, foreign investors in significant Canadian businesses—particularly in resources, energy and infrastructure...