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Be Mindful of the Investment Canada Act when Acquiring a Canadian Business

DATE

On May 9, 2008, in an unprecedented decision, the Honourable Jim Prentice, Minister of Industry, rejected the proposed $1.3 billion acquisition of the information systems and geospatial businesses of MacDonald, Dettwiler and Associates Ltd. (MDA) by U.S.-based Alliant Techsystems Inc. (ATI). Denis Gascon and Jason P.T. McKenzie discuss the implications of this decision as it relates to the Investment Canada Act.

Click here to read the article, which appeared in the Summer 2008 issue of Passport for Business.

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