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During a September interview with Bloomberg Business, Canada's Prime Minister Stephen Harper provided additional insight into the role that the regulation of foreign investment will continue to play in Canada and, in particular, as to how the "Investment Canada Act" will be administered by his majority government.

With COVID-19 shaking up the global economy, it is clear that M&A activity has been, and will continue to be, impacted. In Canada and the U.S. a number ...

Welcome to the April issue of Blakes Competitive Edge, a monthly publication of the Blakes Competition, Antitrust & Foreign Investment group. Blakes Competitive Edge provides an overview of recent developments...

If the effectiveness of any dispute-settlement process is to be measured by the existence of impartial and well-defined rules, finality of the outcome and enforceability of the decision, Canada’s ratification on November 1, 2013, of the 1965 Convention on the Settlement of Investment Disputes between States and Nationals of Other States (ICSID Convention) and its coming into effect on December 1, 2013, should be widely recognized as a watershed event for Canadian businesses investing overseas.

On September 17, 2015, the Canadian Border Services Agency released a revised D-Memorandum D13-4-5, "Transaction Value Method for Related Persons", addressing the impact of income tax transfer pricing on the value for duty to be declared on goods imported into Canada.

Until the PETRONAS/Progress decision is clarified by way of further efforts by PETRONAS to obtain approval and/or the release of Ministerial reasons for a final negative decision, it would be prudent to assume that the ICA approval process is becoming more difficult.

Indigenous support is critical to energy, infrastructure and resource project success in Canada. Indigenous involvement in these projects is also evolving.

On October 7, 2013, Industry Minister James Moore blocked the proposed $520 million acquisition of the Allstream division of Manitoba Telecom Services Inc. Allstream by Accelero Capital Holdings (Accelero).

Canada's legislative framework governing competition/antitrust, foreign investment, and consumer protection has undergone a seismic shift between 2022 and 2025, with further changes to come.

On October 19, 2012, minutes prior to the expiry of the review period mandated by the Investment Canada Act (ICA), the Minister of Industry, Christian Paradis, announced that he was rejecting the proposed acquisition of Calgary-based Progress Energy Resources Corp. by PETRONAS.

The Canada Investment Summit generated nearly $500 billion in investment commitments, but the critical challenge now lies in converting this momentum into active development. This analysis examines the legal, commercial and strategic conditions required to move investment commitments toward execution, exploring how economic sovereignty, project readiness and sector-specific opportunities will shape Canada's path from capital allocation to operational delivery.

Canada's film and television industry is among the most vibrant in the world, due in part to its generous federal and provincial tax incentives. These include the Canadian Film or Video Production Tax Credit ("CPTC"), a fully refundable tax credit jointly administered by the Canada Revenue Agency ("CRA") and the Canadian Audio-Visual Certification Office ("CAVCO").

Prime Minister Mark Carney announced on September 15, 2026, that the federal government will open Canada’s four largest airports to private investment through long-term concession arrangements. Speaking at the inaugural investment summit, Prime Minister Carney outlined a vision to unlock new capital and operational expertise while retaining public ownership of the underlying land and assets.

Canada's nuclear industry is experiencing unprecedented growth as major reactor projects and government energy policies drive billions in investment and reshape the sector's supply chain. As consolidation accelerates among nuclear suppliers, technology vendors, and specialized manufacturers, acquirers face a complex landscape of regulatory licensing requirements, nuclear liability frameworks, and intensified foreign investment scrutiny that fundamentally differs from conventional M&A transactions. Understan

The International Centre for Settlement of Investment Disputes (ICSID) tribunal recently released its decision in Philip Morris v. Uruguay, holding that tobacco control regulations implemented by a state to protect public health do not violate the state's investment treaty obligations.

On April 15, 2026, the federal government launched the Artificial Intelligence Sovereign Compute Infrastructure Program (SCIP), an initiative under the Canadian Sovereign AI Compute Strategy intended to support...

Blakes Competitive Edge provides an overview of recent developments in Canadian competition and foreign investment law, including updates on enforcement activity by the Canadian Competition Bureau (Bureau), recent initiatives and key trends.