IMPLEMENTATION LEVEL

National

AFFECTED FLOW

Inflow

ANNOUNCED AS TEMPORARY

No

NON-TRADE-RELATED RATIONALE

Yes

ELIGIBLE FIRMS

firm-specific

JUMBO

No

TARIFF PEAK

No
← back to the state act
Inception date: 23 May 2018 | Removal date: open ended
Still in force

FDI: Entry and ownership rule

On May 23, 2018 the government of Canada prohibited for national security reasons the acquisition of Canadian construction company Aecon Group Inc., by China Communications Construction Company International Holding Limited. Minister of Innovation, Science and Economic Development Navdeep Bains stated that Canada is "open to international investment that creates jobs and increases prosperity, but not at the expense of national security."

AFFECTED COUNTRIES

MAP
TABLE
EXPORT

Please report this page in case you detect an inaccuracy in its content.