Innovation, Science and Economic Development Canada: The National Security Review of Investments Modernization Act receives royal assent

Innovation, Science and Economic Development Canada

Canada News Centre

The National Security Review of Investments Modernization Act receives royal assent

by Innovation, Science and Economic Development Canada on Wednesday 27 March 2024 07:05 PM UTC+00 | Tags: news-releases
Canada is a destination of choice for foreign investment as a result of its technologically advanced and open economy, its skilled workforce and its world-class research community. While foreign investment is essential to economic prosperity, the Investment Canada Act is a key lever that allows the Government of Canada to act quickly and decisively when foreign investment would threaten national security. As the world changes and threats evolve, Canada needs new tools to continue protecting the economy and keeping Canadians safe.
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