The Investment Canada Act is intended to:
A) lower interest rates in foreign investments.
B) change regulation of Canadian companies investing abroad.
C) increasing foreign competition in Canada.
D) ensure that the takeover of a Canadian company by a foreign entity will result in a net gain for Canada.

Question

Quizplus · Accepted Answer

The Investment Canada Act is designed to ensure that the acquisition of a Canadian company by a foreign entity will result in a net benefit for Canada. This is achieved by reviewing and approving foreign investments based on factors such as job creation, technology transfer, and economic growth.

The Investment Canada Act Is Intended To