On 7 December 2022, Minister François-Philippe Champagne, Minister of Innovation, Science and Industry, announced the Canadian government introduced legislation to amend the Investment Canada Act, known as the National Security Review of Investments Modernization Act. While the proposed amendments at first appear to be a dramatic overhaul of the existing national security review framework for foreign investment in Canada, they are generally consistent with other recent legislative amendments and policy developments related to Canada’s national security, and with trends in other jurisdictions. The proposed changes heighten the importance of proactive planning to address national security risks arising in commercial transactions and other forms of foreign investment.

In our first series of videos, our partners start with local issues, discussing US law matters that companies engaging in particular domestic transactions may face, leveraging lessons learned on recent engagements

Read publication  One of the most pressing corporate governance issues today is the growing trend toward increased corporate transparency. Public and private companies around the world are being mandated to identify and disclose the details of their ultimate beneficial owners — the individuals who ultimately own or control them. This article, written…