Open AccessOverview of the Investment Canada Act with a Focus on Investments in Canada's Upstream Oil and Gas Industry
Author(s) -
M. Jacqueline Sheppard,
Mungo Hardwicke-Brown
Publication year - 1992
Publication title -
alberta law review
Language(s) - English
Resource type - Journals
eISSN - 1925-8356
pISSN - 0002-4821
DOI - 10.29173/alr682
Subject(s) - petroleum industry , upstream (networking) , investment (military) , foreign direct investment , petroleum , energy law , fossil fuel , economics , gas industry , market economy , international economics , business , international trade , economy , political science , law , macroeconomics , natural gas , engineering , environmental engineering , telecommunications , environmental law , politics , waste management , paleontology , biology
Foreign investment has always played a significant role in Canada's petroleum industry. The authors trace the history of the regulation of foreign investment in general through its various phases: the early laissez-faire regime, followed by the Foreign Investment Review Act, followed in turn by the present Investment Canada Act. They then present a detailed review of the present regime as it applies to oil and gas acquisitions, with examples of recent cases.