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National Post
National Post
5 Mar 2025


NextImg:Ottawa now considering 'economic security' for launching review of foreign investments

OTTAWA — Amid the trade war with the U.S., the federal government will now consider Canada’s economic security as a reason to subject a foreign investment in Canada to a national security review that could block or upend the deal.

In a statement Wednesday morning, Innovation Minister François-Philippe Champagne said he made changes to the guidelines in the Investment Canada Act (ICA) that will give the government broader scope to review “opportunistic or predatory” foreign investments.