Canadian Investment Law

The Canadian Investment Code is the only Canadian federal government applicable law governing foreign investment that restricts foreigners’ investment or ownership of certain specific areas and industries in Canada. The Canadian Investment Law stipulates that any foreign investment needs to be filed with the government or governed by the government. Government audits standards more complicated, but mainly depends on the investment project and its amount. For more information about the Canadian Investment Act, go to www.investincanada.gc.ca.