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Meanwhile, in Canada: 24 deals got extended national security reviews

Meanwhile, in Canada: 24 deals got extended national security reviews

Just a month after CFIUS published its annual report to Congress, the Canadian government has released its own annual report on the Investment Canada Act, which — among other things — covers the country’s national security review process. Details, takeaways, and the full report are inside.

Canadian group wants amicus for nat. security reviews; CFIUS next?

Canadian group wants amicus for nat. security reviews; CFIUS next?

A Canadian think tank has released a research paper calling for greater transparency in the Canadian foreign investment regime, and allowing for a national security “amicus” to test the government’s evidence. Details, the report, and the potential for a U.S. national security amicus are inside.

Canada national security regime allows Chinese bid for mining co.

Canada national security regime allows Chinese bid for mining co.

Last week, Canada’s Minister of Innovation, Science and Industry said he wouldn’t stop a Chinese firm’s bid for a lithium mining company because there was no risk to national security. Details on the incident and Canada’s new national security regime are inside.

Canada national security regime allows Chinese bid for mining co.

Canada issues new guidelines on national security reviews

As anticipated, the Canadian government has issued new guidelines on the country’s national security review process. The new guidelines clarify the government can review foreign investments “regardless of the value of the investment.” Details, contacts, and more are inside.

Canadian government blocks Chinese acquisition of gold mine

Canadian government blocks Chinese acquisition of gold mine

In one of the first actions since strengthening its foreign investment review process, the Canadian government has blocked the acquisition of a gold mine by a Chinese company. Details, source documents, contacts, and an overview of the Canadian regime are inside.