Chinese investors ordered to divest interests in critical minerals sector

On November 2, 2022, Minister of Innovation, Science and Industry François-Philippe Champagne issued a statement indicating that the Government of Canada had ordered divestitures of three recent investments in Canadian mining companies under the national security review provisions of the Investment Canada Act (ICA).

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About Rachel Howie

Rachel is a partner in the Litigation and Dispute Resolution Group and co-leader for Dentons Canada’s national ADR and Arbitration group. Her clients are primarily in the energy and natural resources industries, where she advises on complex matters that have an international or multi-jurisdictional aspect.

About Sandy Walker

Sandy Walker is co-Chair of Dentons' Competition and Foreign Investment Review group and is recognized as one of the country’s leading competition and Investment Canada Act lawyers. Sandy's practice focuses on securing government approvals for mergers and acquisitions from the Competition Bureau, Investment Canada and other regulatory agencies, including navigating complex “net benefit to Canada” reviews and the national security review process on behalf of foreign investors, both state-owned and private sector.

About Sean Stephenson

Sean Stephenson is an associate in our Corporate group, where he focuses on international trade, investment, anti-corruption, procurement and public international law.

About Camila Maldi

Camila Maldi (She/Her/Hers) is an associate in the Litigation & Dispute Resolution and Competition and Antitrust groups at Dentons.