Written in English
|Statement||by Jennifer Ann Howard.. --|
|Series||Canadian theses on microfiche|
|The Physical Object|
|Pagination||viii, 150 p. --|
|Number of Pages||150|
Foreign Investment in Canada is both direct (made to manage and control actual enterprises) and portfolio (made only for the interest or dividends paid, or the possible capital gain to be achieved). The amount of both types is very large, with the consequence that a considerable amount of the Canadian economy is controlled by foreigners. Although foreign direct investment continued to grow. Foreign direct investment in Canada rebounded in , showing businesses may be regaining some of their confidence in an economy hampered by falling oil prices and trade uncertainty. FDI rose to $ billion last year, Statistics Canada reported Thursday, the highest annual total since Canada’s Liberal government appears to be adopting a more open approach to foreign investment reviews than its predecessor. The Investment Canada Act provides for two types of review: “net benefit” reviews for foreign investment transactions that exceed certain financial thresholds and discretionary “national security” reviews that can be invoked in virtually any situation. The Revised Foreign Investment Policy in Book Publishing and Distribution () is an important factor in determining whether a proposed foreign investment in Canada’s book industry is likely to be of net benefit to Canada; other factors are identified in section 20 of the Investment Canada the Act, the determination of net benefit in the cultural sector is made on a case-by-case.
Canadian government policies were directed at all categories of FDI; howev-er, a few policies were directed at spe-cific sectors which, in turn, are such prominent sectors in the Canadian economy that the initiatives may have economy-wide effects.3 The Foreign Investment Review Act (FIRA) The Foreign Investment Review Act became law in December. SINCE the United States became a creditor nation Canada has been the favorite field for American foreign investment. At the beginning of the investment of capital from the United States in Canada was about 30 percent greater than the combined American investment in Great Britain, Germany, France and by: 1. nomic impact of foreign business activity. The final offers some con-clusions and recommendations. I. Restrictions on Foreign Business Activity in Canada In this Alert, the term “foreign busi-ness activity” includes foreign direct investment, foreign owner-ship, and foreign competition. For-eign direct investment or FDI refersCited by: 2. According to the pundits at The Canadian Press, it wasn’t the giveaway of Canadian oil to Americans for tens of billions of dollars below world prices, caused by a lack of pipelines from Alberta. It wasn’t the loss of tens of billions more in oil and gas investment to the US, because Canada is .
On 24 April , the Canadian government adopted regulations that significantly affect the foreign investment review framework. With the exception of cultural businesses and investments by foreign state‑owned enterprises (SOE), the changes affect foreign investments in all sectors of the economy. Notably, the pre‑merger review and national security provisions in the Investment Canada Act. The purpose of this paper is to identify, using the framework of a statistical model, the extent to which policy changes in Canada specifically directed toward inward foreign direct investment (FDI) have influenced both capital outflows to Canada and capital outflows from Canada. The paper adds to the literature concerned with how public policies targeted specifically at FDI have altered Cited by: Foreign direct investment into Canada plunged last year to the lowest since , hampered by an exodus of capital from the nation’s oil patch and . The Caribbean receives some of the highest levels of Foreign Direct Investment (FDI) in the world. In the recent past, FDI flows have been particularly volatile, with the financial crisis in greatly reducing FDI flows to the Caribbean, although they have recovered somewhat recently.