ANNOUNCEMENT 22 Jun 2017

The level at which foreign investments are reviewed has been increased twice in one year.

NUMBER OF INTERVENTIONS

2

  • 0 harmful
  • 0 neutral
  • 2 liberalising
Inception date: 24 Apr 2017 | Removal date: 22 Jun 2017

FDI: Entry and ownership rule

Effective April 24, 2017, Canada increased the net benefit review threshold for inward foreign investment from Can.$600 million (US$462 million) to Can.$800 million (US$616 million). At issue is the review of direct acquisitions of control by private investors from WTO countries, which happens when the enterprise value of the Canadian businesses reaches or exceeds the threshold level. The same threshold applies when a private non-WTO investor acquires an enterprise that had immediately previously been controlled by a WTO investor.

AFFECTED SECTORS

 
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AFFECTED PRODUCTS

 
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Inception date: 22 Jun 2017 | Removal date: open ended

FDI: Entry and ownership rule

Effective June 22, 2017 (the date of Royal Assent of the bill C-44), Canada increased the net benefit review threshold for inward foreign investment from Can.$800 million (US$616 million) to Can.$1 billion (US$770 million).

 
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