Chris Hersh, partner with Cassels Brock & Blackwell LLP’ Competition & Foreign Investment Group, recently spoke with MINING.COM about the Investment Canada Act’s (ICA) new foreign investment rules and their implications for transactions in the critical minerals space.
On the tension between federal efforts to accelerate investment and development of the critical minerals sector and increased diligence under national security review provisions of the law, Hersh sees the new regime – set to take effect early next year – as, “… an attempt to balance the desire to encourage foreign investment in critical minerals projects and other significant projects…with the need to protect national security.”
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