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January 10, 2011

Industry Canada has announced that the monetary threshold for review for WTO investors or vendors, other than Canadians, is expected to be $312 million for 2011 and that the official threshold would be published in the Canada Gazette in early 2011.

The monetary threshold for review under the Investment Canada Act (“ICA”) for WTO investors is both higher than the general thresholds under the ICA (which are $5 million and $50 million for direct and indirect transactions respectively) and increased annually based on growth in GDP, which declined in 2010 as a result of the global recession from $312 million to $299 million.

For more information about the ICA and the regulation of foreign investment in Canada see: Investment Canada and Investment Canada FAQs.

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