Most foreign investors will enter Canada without a hiccup. However, a small number of transactions may receive closer scrutiny under Canada’s foreign investment review law, the Investment Canada Act (ICA). In 2021, that scrutiny is increasingly likely to be in the form of review under the ICA’s national security review process rather than its “net benefit to Canada” review process.
In the fourth article of our Dentons’ Pick of Canadian Regulatory Trends to Watch in 2021 series, Sandy Walker forecasts that the Canadian government will more closely scrutinize foreign investments on national security grounds in 2021 and will consider a range of concerns broader than traditional defence-related factors. Despite this, she expects that the vast majority of foreign investments will sail through the screening process with ease in 2021.
Read the complete article here.
This piece was originally published on dentons.com
To read other articles in the Dentons’ pick of Canadian Regulatory Trends to Watch in 2021 series, click here.