Problems relating to Trade and Investment on Canada

1. Restrictions on entry of foreign capitals
Issue	Issue details	Requests	Reference

(1) Unclear basis of permits and approvals of the Acquisition of Canadian Enterprises by foreign capital

- Due to the Government of Canada's (GOC's) policy under its preferential measures to protect its domestic industries such as telecommunications, media industries, and financial service sectors, where oligopoly prevails, foreign enterprises' entry into these sectors are extremely difficult. Acquisition of Canadian enterprises by foreign capital is subject to the approval of the federal and provincial government. However, the terms to apply for and obtain approvals are unclear and undefined.

- It is requested that GOC clearly defines the terms and conditions of the acquisition of Canadian enterprises by foreign capital.

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