Yana Ermak


On 24 March 2021, the Canadian Government announced updates to its guidelines on national security reviews (Guidelines) under the Investment Canada Act (Act). The updated Guidelines identify additional areas that, in the Government’s view, could present national security concerns in foreign investment, including sensitive personal data, certain sensitive technologies and critical minerals, in addition to expressly re-emphasising the Government’s views on investments by state-owned or state-influenced investors. More specifically: With respect to the identity of…