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Global Trade Alert

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Canada: Investment screening authority clears the acquisition of a Canadian hotel chain by Parks Bottom Co Real Estate Holdings

Description

In February 2020, the government of Canada cleared the acquisition of several luxury hotels, including Fairmont Hotels, by Parks Bottom as part of the foreign direct investment screening procedure und...

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Intervention Details

Intervention Type

FDI: Entry and ownership rule

MAST Chapter

FDI measures

Implementation date

29 Feb 2020

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

firm-specific

Affected Trading Partners

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Affected Sectors

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Affected Products

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