“The costs of screening are likely to outweigh the benefits, so Canadians would be economically better off if the screening process was abandoned, except perhaps where national security is a concern,”
Screening foreign acquisitions may discourage Canadian entrepreneurship, economic growth
VANCOUVER—The Investment Canada Act, which screens foreign acquisitions of Canadian companies, does not serve the interests of Canadians, finds a new study released today by the Fraser Institute, an independent, non-partisan Canadian public policy think-tank.
