• The Investment Canada Act - Canada’s Waking Giant?
  • November 15, 2010 | Author: Eric J. Dufour
  • Law Firm: Borden Ladner Gervais LLP - Toronto Office
  • On November 3, 2010, the Canadian Minister of Industry (the Minister) surprised many industry experts and legal advisors when he announced that the BHP Billiton (BHP) bid to acquire Potash Corporation of Saskatchewan Inc. (Potash) failed to satisfy the “net benefit to Canada” test pursuant to the Investment Canada Act (ICA).