First Reference company logo

Inside Internal Controls

News and discussion on implementing risk management

machine cogs image

Investment Canada Act

Investment Canada Act pre-merger review threshold increases to $ 1 billion

Canada’s planned increase to the generally applicable threshold for “net benefit” reviews under the Investment Canada Act (ICA) from $800 million to $1 billion became effective June 22, 2017. The new threshold, should have the effect of exempting most investments or dispositions by WTO investors from the “net benefit to Canada” review process under the ICA.

 

, , ,

Guidelines on the National Security Review of Investments

With the highly anticipated release of its Guidelines on the National Security Review of Investments, the Canadian government has finally shed some light on circumstances which may draw investors and parties involved in the investment into the realm of a national security review.

 

, , , , , , , , ,

New merger review thresholds for Competition Act and Investment Canada Act

The threshold for certain pre-closing net benefit reviews under the Investment Canada Act (ICA) and the threshold for a pre-closing merger notification under the Competition Act have been increased for 2016. Competition Act Canada uses a two-part test for determining whether a pre-merger notification is necessary. The two-part test is based on the size of […]

 

, , , , , , , , , , , , , , , , ,