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TPP to Increase Thresholds for Investment Canada Reviews to $1.5 Billion in Enterprise Value

November-12-2015

Lawyer Michael Koch
Area Mergers and Acquisitions, Mining and Natural Resources, Competition, Antitrust and Foreign Investment

Summary

The text of the Trans-Pacific Partnership (TPP), released publicly on November 5, 2015, includes commitments by the Government of Canada to increase monetary thresholds (the “Review Threshold”) to C$1.5 billion in enterprise value for the review of investments from TPP countries under the Investment Canada Act (ICA). The increase in the Review Threshold is expected to come into force in 2017.

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