Investment Canada: threshold watch

Posted on March 4, 2010

Michael Kilby

The Investment Canada Act threshold for review of direct acquisitions of control by WTO investors in non-cultural industries has now been officially lowered to C$299 million for transactions closing in 2010. Draft amendments to the Investment Canada Act regulations that would change the C$299 million (book value of assets) threshold to C$600 million (enterprise value) have yet to be issued in final form, as the government continues to consider comments on the draft.

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