POLS 3470 Lecture Notes - Lecture 4: Collective Action, Minister Of Canadian Heritage, Canadian Business
4 Nov 2013
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Document Summary
Investment canada act (1985: governs oversight and review of foreign investments, 2 categories, subject to notification. Give notice to director of investments, industry canada. And submit information: subject to review, 3 scenarios: Non-cultural canadian business with assets in excess of. If less investment just happens, doesn"t get triggered. Canadian cultural business with assets in excess of . Million or government deems a review is in the public. Minister of canadian heritage net benefit if. Foreign investment: effect of investment on economic activity in canada, degree of participation by canadians in business in question, effect of investment on productivity, efficiency, Variety: impact on competition, compatability of investment with economic, cultural and. Industrial policies: impact on canada"s ability to compete globally. Headed by red wilson, former ceo of bce inc. June 2008 final report ( compete to win ) Key recommendations: proposed we weaken controls to foreign takeovers, be more open / reduce barriers to investment ( billion.
