Mar. 27, 2024 - Substantial amendments to the Investment Canada Act (ICA) were enacted on March 22, 2024, with the passing of Bill C-34, the National Security Review of Investments Modernization Act. These amendments, long in the works, will come into effect on a date to be fixed by Cabinet. It...
National Media Turn to Davies’ Anita Banicevic for Insight into the Competition Bureau’s Volkswagen and Audi Investigation
Both the National Post (Financial Post) and The Globe and Mail (subscriber only) quoted Davies partner Anita Banicevic in articles examining the Competition Bureau’s criminal and civil investigation of Volkswagen Group Canada Inc. and Audi Canada Inc. “It’s important to keep in mind that this is an investigation, so no conclusions have been drawn yet,” Anita commented to The Globe and Mail.
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Mar. 13, 2024 - The Canadian government recently issued two policy statements (IDM Statements) affirming that it will enhance its scrutiny under the Investment Canada Act (ICA) of foreign investments in the Canadian Interactive Digital Media (IDM) sector. One of the statements sets out the...