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Foreign investments in Canada are subject to the federal Investment Canada Act. The purpose of the ICA is to encourage foreign investment in Canada while at the same time ensuring that foreign investment contributes to economic growth and employment opportunities.

The Province of Manitoba has launched the Manitoba-Canada Defence Alliance to attract defence and security investment opportunities as Canada commits $81.8 billion to military spending. This new initiative brings together government, industry, post-secondary institutions and the Canadian Armed Forces to position Manitoba businesses competitively in the expanding defence procurement landscape.

With the end of the year looming, both houses of the U.S. Congress approved, and President Obama signed, the Protecting Americans from Tax Hikes Act of 2015.

Welcome to the September 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...

Bill C-56, The Affordable Housing and Groceries Act[1] ("Bill C-56"), came into force over the holiday season and many of the Canadian Competition Bureau's (the "Bureau")...

It’s likely that Mick Jagger and Keith Richards had other things on their minds while crafting "You Can’t Always Get What You Want", the Rolling Stones’ 1969 classic, but we can’t think of a more fi tting theme for mining M&A in 2010 and, more importantly, for the decades ahead.

Watson Goepel LLP was recently featured on the The Vancouver Life, where Associate Counsel Anita Boscariol discussed the legal impact of the Cowichan land claim decision in Richmond.

The Canadian federal government has recently announced material changes to the Investment Canada Act (the "Act") in three areas...

The Committee on Foreign Investment in the United States (CFIUS) has remained active despite challenges presented by the COVID-19 pandemic.

Canada has become an attractive source of investment opportunities for foreign private equity investors, particularly US investors. In addition to two large transactions led by KKR (the acquisition of Shoppers Drug Mart and the telephone directories business of BCE), there have been a significant number of private equity transactions in the $15-50 million dollar range in recent years. The Canadian private equity market is attractive for a variety of reasons including:

In Opinion 1/17 (CETA Ruling) on the Comprehensive Economic and Trade Agreement (CETA), the ECJ ruled that the investment protections under CETA, signed by Canada and the European Union, are compatible with EU law.

January 2008 was not a great month for Canada’s Competition Bureau. It suffered two stinging setbacks in decisions issued by the Federal Court of Canada, both relating to the Bureau’s review of Labatt’s acquisition of another Canadian beer company, Lakeport Brewing.

In August 2019, Genworth Financial, Inc. (Genworth) announced that it had agreed to sell its approximate 57% shareholding in Canadian subsidiary Genworth ...

On March 12, 2009, major changes to Canada’s Competition Act and Investment Canada Act came into effect upon passage of the most recent federal budget. Using the budget implementing legislation introduced in February, Canada’s ruling Conservative Party amended the Competition Act to create a new US-style merger review process, as well as a number of per se offences.

The Investment Canada Act (ICA) applies to all investments in Canada by non-Canadians. The purpose of the ICA is "to provide for the review of significant investments in Canada by non-Canadians...

Economic security considerations could apply to investments from any country, including US investors who until now have received a "light touch" in national security reviews. It is clear that the Minister's statements...

The Investment Canada Act (ICA) mandates that non-Canadians must notify or apply for a review by the Canadian government when they establish a new business or acquire control of an existing one in Canada.