Canada – Updated National Security Guidelines – Canada signals focus on sensitive technology, personal information, and critical minerals
By YANA ERMAK, ARLAN GATES, SARAH MAVULA and JACQUELINE ROTONDI
April 27, 2021
On 24 March 2021, the Minister of Innovation, Science and Industry (“Minister”) issued updated Guidelines on the National Security Review of Investments (“Updated Guidelines”). The Updated Guidelines outline additional factors and clarify existing factors the Canadian government will consider in assessing investments for potential national security concerns under the Investment Canada Act (ICA).
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