Announcement
08 Mar 2022
In March 2022, the government of Canada decided to make the FDI net benefit and national security reviews stricter for Russian investors in response to the Russian invasion of Ukraine.
Source
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Number of interventions
1
1 certainly harmful
0 likely harmful
0 liberalising
List of interventions
Implementation date
08 Mar 2022
Revocation date:
No revocation date
Announced: 08 Mar 2022
FDI: Entry and ownership rule
In force
On 8 March 2022, the government of Canada announced tighter rules on the Russia-related investments' net benefit reviews under the Investment Canada Act (ICA). This change is introduced in response to...
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Related State Acts
Announced: 19 Jul 2023
Canada: Government imposes sanctions on Russian news companies (July 2023)
Announced: 19 May 2023
Canada: Sanctions against a Russian publishing company
Announced: 11 Apr 2023
Canada: New sanctions on Russian companies (April 2023)
Announced: 10 Mar 2023
Canada: Import ban on Russian aluminium and steel
Announced: 24 Feb 2023
Canada: Additional sanctions on trade with Russia and Russian entities
Announced: 03 Feb 2023
Canada: Sanctions against more Russian media entities
Announced: 28 Oct 2022
Canada: Government sanctions more Russian energy companies
Announced: 28 Oct 2022
Canada: Government introduces more stringent rules on foreign direct investment in critical minerals by foreign SOEs
Announced: 14 Oct 2022
Canada: Government imposes sanctions on the Russian state-owned TV network
Announced: 29 Sep 2022
Canada: Government expands sanctions to the Kherson and Zaporizhzhia regions of Ukraine
Announced: 19 Aug 2022
Canada: Government imposes sanctions on Concern Avtomatika
Announced: 29 Jul 2022
Canada: Sanctions on 17 Russian commercial entities
Announced: 14 Jul 2022
Canada: Further sanctions on Russian oil, gas, chemical and manufacturing industries
Announced: 08 Jul 2022
Canada: Government imposes sanctions on Russian media companies and prohibits gold imports
Announced: 27 Jun 2022
Canada: Additional sanctions against Russia and Belarus
Announced: 22 Jun 2022
Canada: Introduction of a voluntary notification mechanism for national security FDI review
Prolonged: 09 Jun 2025
Canada: Customs duty remission on goods originating from Ukraine
Announced: 08 Jun 2022
Canada: Government bans the exports of 28 services to Russia
Announced: 31 May 2022
Canada: Sanctions against 4 Russian financial entities
Announced: 20 May 2022
Canada: New restrictions on trade with Russia
Announced: 06 May 2022
Canada: Sanctions against Russian defence companies
Announced: 11 Apr 2022
Canada: Government imposes sanctions on 33 Russian defence companies
Announced: 05 Apr 2022
Canada: Government prohibits provision of insurance services to Russian aviation and aerospace industries
Announced: 05 Apr 2022
Canada: Government restricts export of insurance services and certain goods and technologies to Belarus
Announced: 24 Mar 2022
Canada: Government bans the exports of certain goods and technologies to Russia
Announced: 23 Mar 2022
Canada: EDC withdraws export finance support to Russia and Belarus
Announced: 10 Mar 2022
Canada: Government bans petroleum imports from Russian and imposes sanctions on Russian entities
Announced: 08 Mar 2022
Canada: Additional sanctions against Belarusian entities
Announced: 06 Mar 2022
Canada: Government prohibits any Russian ship from entering Canada
To be prolonged: 12 Oct 2022
Canada: Government withdraws the Most-Favoured-Nation tariff treatment from Russia and Belarus
Announced: 27 Feb 2022
Canada: Government closes airspace to Russian aircraft
Announced: 24 Feb 2022
Canada: Government imposes a broad dealings ban on the DNR and LNR regions of Ukraine
Announced: 24 Feb 2022
Canada: Government imposes sanctions on Russian entities in response to Ukraine invasion
Announced: 22 Feb 2022
Canada: Government imposes sanctions on Russian banks and sovereign debt on account of the recognition of Donetsk and Luhansk regions
Announced: 24 Mar 2021
Canada: Government announces FDI screening measures
Announced: 18 Apr 2020
Canada: Enhanced scrutiny of foreign investments during the Coronavirus pandemic
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