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Canada Proposes Amendments to the Investment Canada Act for Greater Disclosure and Enhanced Enforcement


Area Competition, Antitrust and Foreign Investment


On April 26, 2012, the Canadian government announced plans to amend the Investment Canada Act (the “ICA”).  The amendments in Bill C-38 (the Jobs, Growth and Long-Term Prosperity Act) are intended to (i) enhance the transparency of the review process under the ICA; and (ii) improve enforcement tools for contraventions of the ICA.

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