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Canada: Guarding the North – Updated Guidelines on the National Security Review of Investments Amid U.S.-Canada Trade War

Import and Trade Remedies

On 5 March 2025, the Government of Canada announced that it would take action under the Investment Canada Act (“ ICA “) to protect Canadian companies from foreign investors looking to capitalize on the current economic uncertainty and weakening Canadian dollar. In Brief Following weeks of tariff threats from the U.S.