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The Financial Transactions and Reports Analysis Centre of Canada ("FINTRAC") is a government agency tasked with facilitating the detection, prevention, and deterrence of money laundering and the financing of terrorist activities.

The Government of Canada recently announced that it is introducing new national security guidelines for federally funded research partnerships.

If you wish to invest in Canada but are neither a Canadian citizen nor a permanent resident within the meaning of the Immigration Act, then you are a "non-Canadian" and must comply with the provisions of the federal government's Investment Canada Act. For these purposes, a non-Canadian includes any entity controlled or beneficially owned by non-Canadians.

Substantial amendments to the Investment Canada Act (ICA) were enacted on March 22, 2024, with the passing of Bill C-34, the National Security Review of Investments Modernization Act.

The Canadian federal government has introduced Bill C-40, transforming the Defence Investment Agency into an independent Crown corporation with expanded procurement powers and novel financial authorities. This legislative shift enables streamlined defence procurement, private capital integration, and broader non-competitive contracting capabilities while redefining national security supply chains.

On March 22, 2023, the Canadian government introduced new legislation that could have significant implications for corporations in the country. The proposed legislation would create a beneficial...

New classes of entities could soon have obligations under the Proceeds of Crime (Money Laundering) and Terrorist Financing Act (PCMLTFA). Draft regulations (the Regulations)...

On February 15, 2020, draft amending regulations were issued, proposing a number of amendments to be made to the prior amendments to the regulations under the Proceeds of Crime (Money Laundering) and Terrorist Financing Act.

On May 11, 2023, British Columbia's Money Services Businesses Act (BC MSB Act) received royal assent. The BC MSB Act will be the province's first statute of this kind and will be administered by the British Columbia Financial Services Authority (BCFSA).

Effective September 3, 2024, the Minister of Industry ("Minister") has significant new powers when conducting national security reviews under the Investment Canada Act ("ICA").

The Canadian government recently issued two policy statements (IDM Statements) affirming that it will enhance its scrutiny under the Investment Canada Act (ICA) of foreign investments...

Every five years the Committee reviews the PCMLTFA.

It was an eventful 2018 for foreign investment review in Canada.

In April 2020, the federal government announced it would be using the Investment Canada Act (ICA) to "subject certain foreign investments into Canada to enhanced scrutiny...

Canada continues to expand the application of its anti-money laundering ("AML") and anti-terrorist financing ("ATF") regime.

At a time when trade globalization is attracting new controversy, the Canadian government has taken steps to encourage increased foreign investment in Canada.

On February 11, 2025, the Attorney General of Canada (the "Attorney General") filed an enforcement application in Federal Court under section 40 of the Investment Canada Act...