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The Investment Canada Act (ICA) applies to all investments in Canada by non-Canadians. The Canadian government’s approach to investment reviews under the ICA has been shifting. While the review process previously focused on a...more
Canada's Minister of Industry announced that “economic security” will be an additional factor considered by the Canadian government when assessing transactions subject to the Investment Canada Act....more
Substantial amendments to the Investment Canada Act (ICA) were enacted on March 22, 2024, with the passing of Bill C-34, the National Security Review of Investments Modernization Act. These amendments, long in the works, will...more
The first nine months of 2021 set records for global M&A activity and kept private equity firms especially busy. An abundance of dry powder and low interest rates have encouraged private equity investors to make up for lost...more
Since COVID-19, deals involving foreign state-owned enterprises or enterprises related to public health or the supply of critical goods and services are increasingly subject to review- The Investment Review Division (IRD),...more
Against the background of UK policy moving towards a more nationally-led trade and investment policy following this summer’s referendum, the new UK government is still in the process of establishing its policies regarding...more