Ottawa raises the bar for foreign entry into Canada's critical minerals industry

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Any attempt by a state\u002Downed enterprise to purchase assets in the sector can now trigger a review on national security grounds. Read more.

In addition, “significant transactions” by foreign state-owned enterprises in Canada’s critical minerals industry will “only be approved as of likely net benefit on an exceptional basis,” Industry Minister François-Philippe Champagne and Natural Resources Minister Jonathan WilkinsonSign up to receive the daily top stories from the Financial Post, a division of Postmedia Network Inc.By clicking on the sign up button you consent to receive the above newsletter from Postmedia Network Inc.

,” Champagne and Wilkinson added that, “Canada must build strategic resilience in the North American critical minerals supply chain with like-minded partners at home, within North America, and around the world.”Article content

 

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