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Investment Canada Act (R.S.C., 1985, c. 28 (1st Supp.))

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Act current to 2021-05-04 and last amended on 2020-07-01. Previous Versions

AMENDMENTS NOT IN FORCE

  • — 2021, c. 1, s. 23

      • 23 (1) The definition trade agreement country in subsection 14.11(6) of the Investment Canada Act is replaced by the following:

        trade agreement country

        trade agreement country means a country other than Canada that is a party either to an Agreement described in subparagraph (a)(i) or (i.1) of the definition trade agreement investor in this subsection or to a trade agreement listed in column 1 of the schedule. (pays (traité commercial))

      • (2) Paragraph (a) of the definition trade agreement investor in subsection 14.11(6) of the Act is amended by striking out “or” at the end of subparagraph (i) and by adding the following after that subparagraph:

  • — 2021, c. 1, s. 50

    • Investment Canada Act

      50 Any application that is filed under section 17 of the Investment Canada Act before the day on which section 23 of this Act comes into force and in respect of which the Minister of Industry has not made a decision referred to in section 23.1 of the Investment Canada Act before that day is deemed never to have been filed if

      • (a) the investment to which the application relates would have been subject to subsection 14.11(1) or (2) of that Act had the application been filed on that day; and

      • (b) the enterprise value of the assets to which the application relates is less than the amount determined in accordance with subsection 14.11(1) of that Act.

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