Investment Canada Act changes target state-owned enterprises, high tech, critical minerals ...Middle East

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“That has been an increasing theme over the past number of years. These amendments are giving the government a broader set of powers to even further increase its ability to review investments on national security grounds.” The amendments indicate that Ottawa’s main national security concerns revolve around investments by foreign state-owned enterprises, he says. This includes an apprehension that some businesses that previously operated on a commercial basis are now operating to serve the foreign government that owns them. Dinning says the amendments widen the scope of the national security review provisions to address foreign investment from state-owned entities. The changes include a new

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