Government releases guidelines of its national security review of investments
19 Dec 2016
On 19 December 2016, the Government issued guidelines concerning its national security review of investments. The release of the guidelines is meant to give greater clarity to companies looking to invest in Canada. Inter alia, the Canadian Government will examine the effects that a projected investment may exert on its national defense capabilities, the security of critical infrastructure and the transfer of sensitive technology out of the country. The Government shall also evaluate the impact of the projected investment on Canada's international interests, including foreign relationships. Based on these reasons, the Canadian Government may block the investment or set conditions for its approval.
Nature of measure:
Type:
-
Entry and establishment (Approval and admission - screening)
Industry:
Inward FDI:
No
Outward FDI:
No
Sources:
