Investment Policy Monitor
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UNCTAD has been collecting information on changes in national foreign direct investment (FDI) policies on an annual basis since 1992. This collection has provided input to the analysis of global and regional investment policy trends in the World Investment Report, the quarterly Investment Policy Monitor (since 2009) and the UNCTAD-OECD Reports on G20 Measures.
In 2011, to further strengthen the quality of reporting, UNCTAD revised the methodology of monitoring investment policy measures. and revised the measures going back to 2000 accordingly.
The Investment Policy Monitor provides the international investment community with country-specific, up-to-date information about the latest developments in foreign investment policies.
Through its monitoring of investment policy changes, UNCTAD offers cutting-edge and innovative contributions to investment policy discourse, and contributes to preparing the ground for future policymaking in the interest of making foreign investment work for growth and development.
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Note: the policy measures are identified through a systematic review of government and business intelligence sources. Measures are verified, to the fullest extent possible, by referencing government sources. The compilation of measures is not exhaustive.
Disclaimer: the boundaries and names shown and the designations used on this map do not imply official endorsement or acceptance by the United Nations.
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Canada
Canada strengthened its targeted sanctions regime
22 Jun 2023On 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 held or owned, either directly or indirectly, by an entity controlled by an individual is considered the property of that individual. Control, in this context, was defined broadly to encompass:
i) Holding 50% or more of the shares or voting rights in the entity. ii) Having the ability to alter the composition or powers of the entity's board of directors. iii) Exercising the capacity to direct the activities of the entity through any available means.
These rules served to fortify the sanctions regime, effectively tightening the measures related to asset freezing, prohibiting dealings, and allowing for property seizures.
Furthermore, the amendment conferred upon the Government the authority to impose secondary sanctions on parties that offer support to, or engage in business with, sanctioned individuals.
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Type:
- Entry and establishment (Ownership and control)
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Industry:
- Not industry specific
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Sources:
- Government of Canada, Budget Implementation Act, 2023, No. 1, https://laws-lois.justice.gc.ca/eng/AnnualStatutes/2023_26/page-21.html#h-65, 22 Jun 2023
- FASKEN, Significant Amendments to Canada’s Sanctions Laws: New “Deemed Ownership” Rule and “Secondary Sanctions” Powers in Force, https://www.fasken.com/en/knowledge/2023/08/significant-amendments-to-canadas-sanctions-laws, 03 Aug 2023
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UNCTAD has been collecting information on changes in national foreign direct investment (FDI) policies on an annual basis since 1992. This collection has provided input to the analysis of global and regional investment policy trends in the World Investment Report, the quarterly Investment Policy Monitor (since 2009) and the UNCTAD-OECD Reports on G20 Measures.
In 2011, to further strengthen the quality of reporting, UNCTAD revised the methodology of monitoring investment policy measures. and revised the measures going back to 2000 accordingly.
The Investment Policy Monitor provides the international investment community with country-specific, up-to-date information about the latest developments in foreign investment policies.
Through its monitoring of investment policy changes, UNCTAD offers cutting-edge and innovative contributions to investment policy discourse, and contributes to preparing the ground for future policymaking in the interest of making foreign investment work for growth and development.
-
Note: the policy measures are identified through a systematic review of government and business intelligence sources. Measures are verified, to the fullest extent possible, by referencing government sources. The compilation of measures is not exhaustive.
Disclaimer: the boundaries and names shown and the designations used on this map do not imply official endorsement or acceptance by the United Nations.
Share




