Investment Policy Measures

45 results
Canada

Canada

03 Sep 2024

Tightens the FDI screening regime

On 22 March 2024, the Investment Canada Act was amended, following royal assent, through Bill C-34: "An Act to amend the Investment Canada Act". This amendment ushers in a modernization package aimed at enhancing the Foreign Direct [...]

Canada

Canada

04 Jul 2024

Tightens scrutiny on critical minerals investments

On 4 July 2024, the Government of Canada published a Ministerial Statement on Net Benefit Reviews of Canadian Critical Minerals Companies. The Statement clarifies that, under the Net Benefit Review regime of the Investment Canada [...]

Canada

Canada

01 Mar 2024

Foreign investment screening in interactive digital media

On 1 March 2024, the Government of Canada issued a Policy Statement clarifying how the Investment Canada Act providing for FDI screening shall be applicable to investments in Canadian businesses and entities from the Interactive Digital [...]

Canada

Canada

05 Feb 2024

Increases the thresholds for FDI screening in Canada

The Government of Canada increased the monetary thresholds of the Foreign Direct Investment (FDI) screening regime for 2024. FDI review is required if the enterprise value of the target exceeds C$1.326 billion (approximately $1 billion, [...]

Canada

Canada

01 Jan 2024

Introduced new reporting obligations relating to forced and child labour in supply chains

On 1 January 2024, the Fighting Against Forced Labour and Child Labour in Supply Chains Act entered into force in Canada. It establishes an obligation for private sector entities and governmental institutions to submit annual reports [...]

Canada

Canada

22 Aug 2023

Canada expands targeted sanctions

In July and August of 2023, the Government of Canada made several amendments to its Special Economic Measures (Russia) Regulations, resulting in the addition of a total of 59 individuals and 57 entities from the Russian Federation [...]

Canada

Canada

22 Jun 2023

Canada strengthened its targeted sanctions regime

On June 22, 2023, Canada implemented changes to its targeted sanctions regime through the Budget Implementation Act, 2023, No. 1. The legislation introduced the concept of a "deemed ownership rule," which stipulates that any property [...]

Canada

Canada

01 Apr 2023

Adopts new investment tax credits to promote clean energy investment

On 8 June 2023, the Federal Budget for the fiscal years 2023–2024 was adopted by the Parliament of Canada. It introduced two new tax credits for clean technology investment and clean hydrogen investment. To be eligible for the full [...]

Canada

Canada

01 Jan 2023

Prohibits the purchase of residential property by foreigners for a period of 2 years

On 1 January 2023, the "Purchase of Residential Property by Non-Canadians Act" came into force, which prohibits the purchase of residential property in Canada by non-Canadians. This new legislation will remain in force for two years [...]

Canada

Canada

28 Oct 2022

Increases scrutiny on investment by foreign State-owned enterprises in critical minerals sectors

On 28 October 2022, the Government of Canada released a policy statement clarifying how the Investment Canada Act will be applied to investments in Canadian entities and assets in critical minerals sectors from foreign state-owned [...]

Canada

Canada

25 Oct 2022

The Province of Ontario increased the Non-Resident Speculation Tax on residential property

Effective 25 October 2022, the Province of Ontario increased the Non-Resident Speculation Tax (NRST) from 20% to 25%. The NRST applies to the purchase or acquisition of interest by foreign nationals (including non-Canadian residents), [...]

Canada

Canada

29 Sep 2022

Bans investment by Canadians in occupied regions of Ukraine

On September 29, 2022, Canada expanded its sanctions under the Special Economic Measure Act to the Russian-occupied areas of the Kherson and Zaporizhzhia regions. Building on similar measures Canada has already imposed on the regions [...]

Canada

Canada

02 Aug 2022

Amends the National Security Review of Investments Regulations

On 2 August 2022, the Regulations Amending the National Security Review of Investments Regulations came into force. These Regulations provide an option for non-Canadian investors to obtain pre-implementation regulatory certainty with [...]

Canada

Canada

07 Jun 2022

Bans provision of services to Russian mining, oil, gas and chemical industries

On 7 June 2022, Canada amended its "Special Economic Measures (Russia) Regulation" to include a ban on the export of 28 services to the Russian mining, oil, gas and chemical industries. As a result, Canadians and persons in Canada [...]

Canada

Canada

08 Mar 2022

Restricts national security and net benefit criteria of screening for investments linked to the Russian Federation

On 8 March 2022, the Government of Canada issued a “Policy Statement on Foreign Investment Review and the Ukraine Crisis”, indicating that, in the case of investments by direct or indirect Russian investors, the Government will find [...]

Canada

Canada

28 Feb 2022

Bans transactions of Canadian nationals with the Central Bank of the Russian Federation and other financial institutions

On 28 February 2022, the Government added the Central Bank of the Russian Federation, the National Wealth Fund of the Russian Federation and the Ministry of Finance of the Russian Federation to its list of entities affected by a general [...]

Canada

Canada

22 Feb 2022

Bans certain transactions and activities by Canadian nationals in the regions of Donetsk and Luhansk

On 22 February 2022, the Government of Canada announced a package of measures in response to the situation in Ukraine. As a result, specific transactions and activities by Canadian nationals in the regions of Donetsk and Luhansk are [...]

Canada

Canada

24 Mar 2021

Elevated scrutiny of foreign investment

The Canadian Minister of Innovation, Science and Industry issued updated Guidelines on the National Security Review of Investments on 24 March 2021. According to the Guidelines, the Government will increase scrutiny of foreign investment [...]

Canada

Canada

01 Jan 2021

Canada lowers FDI review thresholds for 2021

The thresholds above which foreign investors in Canadian businesses have to to obtain federal government approval under the Investment Canada Act have been lowered for the year 2021. These thresholds are adjusted annually based on [...]

Canada

Canada

31 Jul 2020

Temporarily extends timelines for FDI screening

On 31 July 2020, the Order Respecting Time Limits and Other Periods Established By or Under Certain Acts and Regulations for Which the Minister of Industry is Responsible (COVID-19) was issued. Among others, it extends the initial [...]

Canada

Canada

18 Apr 2020

Enhanced scrutiny of foreign investment during the COVID-19 pandemic

On 18 April 2020, the Canadian Government published its Policy Statement on Foreign Investment Review and COVID-19 that announced an “enhanced scrutiny” of “foreign direct investments of any value, controlling or non-controlling, in [...]

Canada

Canada

27 Jun 2018

Transportation Modernization Act received royal assent

On 23 May 2018, the Transportation Modernization Act received royal assent. Effective 27 June 2018, it amends the Canada Transportation Act and its rules on Canadian ownership and control in fact for Canadian air carriers. Henceforth, [...]

Canada

Canada

23 May 2018

Canada eased foreign ownership restrictions in the aviation sector

On 23 May 2018, the Transportation Modernization Act received royal assent. Effective 27 June 2018, it amends the Canada Transportation Act and its rules on Canadian ownership and control in fact for Canadian air carriers. Henceforth, [...]

Canada

Canada

23 May 2018

Blocks Chinese takeover of Aecon on national security concerns

On 23 May 2018, the Canadian government blocked a proposed $1.5 billion acquisition of the Canadian construction company Aecon Group Inc. (Aecon), by China Communications Construction Company International Holding Limited (CCCI), a [...]

Canada

Canada

21 Feb 2018

British Columbia increased the additional property transfer tax on residential property transfers to foreign entities

Effective 21 February 2018, the Canadian Province of British Columbia increased the additional property transfer tax on residential property transfers to foreign entities, to 20%, up from 15%, and extended its territorial application [...]

Number of policy measures per economy (since 01 Jan 2010) 1 95