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On December 22, 2008 final regulations adopted by the U.S. Department of the Treasury on national security reviews of acquisitions of U.S. businesses by foreign persons took effect.

Amidst unprecedented trade tensions with the United States, on March 5, 2025, the Government of Canada (Government) released updated Guidelines on the National Security Review of Investments...

The Government of Canada has launched the Defence Drone Initiative, a cross-government program designed to accelerate the development and deployment of uncrewed and autonomous systems for military and coast guard operations. With six priority areas ranging from tactical surveillance drones to long-range precision strike systems, the initiative opens new opportunities for Canadian businesses across the innovation spectrum. The Request for Supply Arrangement is open now, with a closing date of August 14, 2026

Federal Finance Minister Joe Oliver tabled the Conservative government's eleventh budget on April 21, 2015.

The Investment Canada Act (ICA) governs foreign investment in Canada, and allows the federal government to review and potentially block or impose conditions on foreign investments into Canada

Countless Canadians enter the U.S. to work every year. For Canadian companies with U.S. operations, U.S. "L status" allows Canadians to work in the U.S. as executive, managerial or...

In this post we discuss disclosure obligations under Canadian economic sanctions and anti-terrorism laws, including in respect of financial services providers.

Canada's Privacy Commissioner has raised important concerns about searches of electronic devices at the border.

On November 4, 2025, Canada's newly elected federal government released its first budget, Budget 2025: Building Canada Strong (Budget 2025).

Further to our recent article in which we put payment service providers, fintechs and crowdfunding platforms on notice about coming anti-money laundering (AML) and...

In response to the passage of Hong Kong's national security legislation, Canada will treat exports and transfers of sensitive goods and technology to Hong Kong the same as those destined...

On October 20, 2026, Innovation, Science and Economic Development Canada (ISED) published its Consultation on Legislative and Regulatory Modernization for Space Activities (Consultation), which seeks input on the potential modernization of Canada’s legislative framework for space activities through the creation of a new Space Act.

On February 12, 2022, a series of proposed amendments [PDF] were published in the Canada Gazette, including two amendments to the national security review process as set out in the ...

Canada's Bill C-40 proposes a fundamental restructuring of defence and national security procurement, converting the Defence Investment Agency into a Crown corporation with expanded powers and introducing new competitive bidding rules. The legislation grants unprecedented authority to finance infrastructure projects and exclude suppliers on security grounds, potentially reshaping how contractors, lenders and investors participate in Canada's defence sector.

In late April 2008, the U.S. Department of the Treasury published proposed regulations on national security reviews of acquisitions of U.S. businesses by foreign persons.

The Canadian Security Intelligence Service ("CSIS") is Canada's principal national intelligence service. CSIS investigates actions believed...

In the past week, the Government of Canada has twice asserted a more aggressive posture towards investments by state-owned enterprises ("SOE") in Canada's critical minerals sector.