Fasken Martineau DuMoulin
29 May 2019 - 12:00 am UTC
Employment, participation in governance decisions, capital expenditure, tendency to spur economic activity and presence in Canada are all key factors in the net benefit test under the Investment Canada Act, according to Fasken partner Huy Do speaking to PaRR in the 2019 Spring Interview Series. “You may never know fully what the governments concerns were,” explained Fasken Counsel Andrew House. Click here for access to the full recording.
Employment, participation in governance decisions, capital expenditure, tendency to spur economic activity and presence in Canada are all key factors in the net benefit test under the Investment Canada Act, according to Fasken partner Huy Do speaking to PaRR in the 2019 Spring Interview Series. “You may never know fully what the governments concerns were,” explained Fasken Counsel Andrew House dissuading those who invest in Canadian companies from abroad from filing after-the-fact. The Investment Canada Act provides broad powers to the Canadian government to reject foreign acquisitions of domestic companies; Do and House’s guidance can help businesses and investors avoid the common pitfalls they have observed. To listen to the full audio recording, please click here.