The Investment Canada Act allows Ottawa to step in on national security grounds when foreign entities seek to set up, buy control of or acquire a domestic operation. After looking into the deal, cabinet can choose to block it, attach conditions to it or order the firm to divest its Canadian holding. In the 2018–2019 fiscal year, itThis advertisement has not loaded yet, but your article continues below.
Ottawa signalled it will consider whether an investment could “enable access to sensitive personal data”’ such as biometric, health or financial information, or private communications. It also cited potential threats to the country’s supply chain of critical minerals like cobalt, lithium and rare-earth elements, Canadian deposits of which have