An Act to amend the Investment Canada Act = Loi modifiant la Loi sur Investissement Canada.: YX4-2024/4-PDF
"This enactment amends the Investment Canada Act to, among other things, (a) require notice of certain investments to be given prior to their implementation; (b) authorize the Minister of Industry, after consultation with the Minister of Public Safety and Emergency Preparedness, to impose interim conditions in respect of investments in order to prevent injury to national security that could arise during the review; (c) require, in certain cases, the Minister of Industry to make an order for the further review of investments under Part IV.1; (d) allow written undertakings to be submitted to the Minister of Industry to address risks of injury to national security and allow that Minister, with the concurrence of the Minister of Public Safety and Emergency Preparedness, to complete consideration of an investment because of the undertakings; (e) introduce rules for the protection of information in the course of judicial review proceedings in relation to decisions and orders under Part IV.1; (f) authorize the Minister of Industry to disclose information that is otherwise privileged under the Act to foreign states for the purposes of foreign investment reviews; (g) establish a penalty not exceeding the greater of $500,000 and any prescribed amount, for failure to give notice of, or file applications with respect to, certain investments; and (h) increase the penalty for other contraventions of the Act or the regulations to the greater of $25,000 and any prescribed amount for each day of the contravention"--Summary, page ii.
Permanent link to this Catalogue record:
publications.gc.ca/pub?id=9.935992&sl=0
| Department/Agency | Canada. enacting jurisdiction. |
|---|---|
| Collaborating author | Canada. Parliament. House of Commons, issuing body. |
| Title | An Act to amend the Investment Canada Act = Loi modifiant la Loi sur Investissement Canada. |
| Variant title | Loi modifiant la Loi sur Investissement Canada |
| Series title | Statutes of Canada ..., chapter ... ; Statutes of Canada 2024, chapter 4, 1st Session, 44th Parliament |
| Publication type | Series - View Master Record |
| Language | Bilingual-[English | French] |
| Format | Electronic |
| Electronic document | |
| Note(s) | "First Session, Forty-fourth Parliament, 70-71 Elizabeth II - 1-2 Charles III, 2021-2022-2023-2024." "Assented to March 22, 2024, Bill C-34." Text in English and French. |
| Publishing information | [Ottawa] : [House of Commons of Canada], 2024. |
| Description | 1 online resource (ii, 19 pages). |
| Catalogue number |
|
| Subject terms | Canada. Investment Canada Act. Investments, Foreign -- Law and legislation -- Canada. National security -- Law and legislation -- Canada. |
Request alternate formats
To request an alternate format of a publication, complete the Government of Canada Publications email form. Use the form’s “question or comment” field to specify the requested publication.- Date modified: