Canada

Canada

Increases the thresholds for FDI screening in Canada

05 Feb 2024

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, previously C$1.287 billion, approximately $973 million). The threshold is higher for investors from countries having a free trade agreement with Canada, increasing from C$1.931 billion (approximately $1.46 billion) to C$1.989 billion (approximately $1.5 billion). If investors are State-owned enterprises, the threshold amounts to C$528 million (approximately $399 million, previously C$512 million, approximately $387 million).