Canada lowers FDI review thresholds for 2021
01 Jan 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 GDP growth forecasts, and these have been declining due to the COVID-19 impact on the economy.
The threshold for direct acquisitions of control by foreign investors have been revised as follows:
- from $1.075 billion to $1.043 billion for investors from countries which are member of the WTO;
- from $1.613 billion to $1.565 billion for investors from countries which are member of a trade agreement with Canada (including investors from the United States and the European Union); and
- from $428 million to $415 million for state-owned investors.
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Type:
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Entry and establishment (Approval and admission)
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Industry:
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