Foreign Investment Review in Canada: Assessing Risk in the Wake of Nexen

Charles Layton, Julie Soloway, Apr 29, 2013

While many countries around the world have established procedures for reviewing transactions with national security implications, few have enacted statutes of general application that apply to all, or the vast majority of, foreign investments within their borders.

Canada represents one of the primary exceptions to this rule. Foreign direct investment has been regulated in Canada since 1973 and the current statute enabling foreign investment review, th