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Investment Canada Act

Version of section 20 from 2024-09-03 to 2024-11-26:


Marginal note:Factors

 For the purposes of section 21, the factors to be taken into account, where relevant, are

  • (a) the effect of the investment on the level and nature of economic activity in Canada, including, without limiting the generality of the foregoing, the effect on employment, on resource processing, on the utilization of parts, components and services produced in Canada and on exports from Canada;

  • (b) the degree and significance of participation by Canadians in the Canadian business or new Canadian business and in any industry or industries in Canada of which the Canadian business or new Canadian business forms or would form a part;

  • (c) the effect of the investment on productivity, industrial efficiency, technological development, product innovation and product variety in Canada, including, for greater certainty, the effect of the investment on any rights relating to intellectual property whose development has been funded, in whole or in part, by the Government of Canada;

  • (d) the effect of the investment on competition within any industry or industries in Canada;

  • (e) the compatibility of the investment with national industrial, economic and cultural policies, taking into consideration industrial, economic and cultural policy objectives enunciated by the government or legislature of any province likely to be significantly affected by the investment, and including, for greater certainty, the effect of the investment on the use and protection of personal information about Canadians; and

  • (f) the contribution of the investment to Canada’s ability to compete in world markets.

  • R.S., 1985, c. 28 (1st Supp.), s. 20
  • 2024, c. 4, s. 8.1

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