Updates affecting the mining industry globally.

Further tightening of Canada’s National Security Review process

By Sandy Walker

December 13, 2022

The Minister of Innovation, Science and Industry, the Honourable François-Philippe Champagne, announced Wednesday significant proposed amendments to the Investment Canada Act (ICA). In doing so, he sent a strong signal that Canada is doubling down in its efforts to tackle what it perceives as threats to Canada’s national security and economic security interests presented by foreign investments in certain business sectors.

About Sandy Walker

Sandy Walker is co-Chair of Dentons' Competition and Foreign Investment Review group and is recognized as one of the country’s leading competition and Investment Canada Act lawyers. Sandy's practice focuses on securing government approvals for mergers and acquisitions from the Competition Bureau, Investment Canada and other regulatory agencies, including navigating complex “net benefit to Canada” reviews and the national security review process on behalf of foreign investors, both state-owned and private sector.

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