Announcement
22 Dec 2020
In December 2020, Canada rejected the acquisition of a Canadian gold mining company by a Chinese state-owned company under the national security review provisions of the Investment Canada Act (ICA).
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Number of interventions
1
1 certainly harmful
0 likely harmful
0 liberalising
List of interventions
Implementation date
22 Dec 2020
Revocation date:
No revocation date
Updated: 22 Dec 2020
FDI: Entry and ownership rule
In force
<p>According to several news reports, on 22 December 2020, the government of Canada rejected the acquisition of Canadian gold mining company TMAC Resources Inc. by Chinese state-owned Shandong G...
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