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![Investment Canada Act Investment Canada Act](/web/20061209075444im_/http://strategis.ic.gc.ca/epic/home.nsf/images/lk_banner_e.gif/$FILE/lk_banner_e.gif)
Application for Review
INVESTMENT CANADA ACT
APPLICATION FOR REVIEW
Privileged under Section 36 of the Investment Canada Act
(highlighted text provides additional info)
Please send this form to:
Industry Canada
Director of Investments
235 Queen Street, Room 301B East Tower
C.D. Howe Building
Ottawa, Ontario
K1A 0H5
FAX (613) 996-2515
FACTORS
PLANS
The assessment factors, set out in section 20 of the Investment Canada Act, are taken into account, where relevant, in the review of your investment.
They are:
a) |
the effect of the investment on the level and nature of economic activity in Canada, including, without limiting the generality of the
foregoing, the effect on employment, on resource processing, on the utilization of parts, components and services produced in and on exports from Canada;
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b) |
the degree and significance of participation by Canadians in the Canadian business or new Canadian business and in any industry or
industries in Canada of which the Canadian business or new Canadian business forms or would form a part;
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c) |
the effect of the investment on productivity, industrial efficiency, technological development, product innovation and product variety in Canada;
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d) |
the effect of the investment on competition within any industry or industries in Canada;
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e) |
the compatibility of the investment with national industrial, economic and cultural policies, taking into consideration industrial, economic and cultural policy objectives enunciated by the government or legislature of any province likely to be significantly affected by the investment; and
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f) |
the contribution of the investment to Canada's ability to compete in world markets.
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The following list suggests a number of subjects you may wish to elaborate on, if they are relevant.
Please note that it is simply a general guide and does not represent a list of obligatory subjects to be covered.
- Employment (number and type of jobs created or lost)
- Additional investment (increased working capital provisions, expansion)
- Resource processing (value added, extent of processing)
- Utilization of parts, components and services (requirements of the Canadian business and opportunity for Canadian suppliers to compete in supplying them)
- Exports (percentage of exports compared to total sales, markets served, types of products or services exported)
- Canadian participation (number of Canadians as employees, managers, directors and owners)
- Productivity/efficiency (new or expanded plant, new equipment rationalization of activities, training)
- Technological development (nature of R&D;, R&D; expenditures and timing, R&D; facility, R&D; contract in Canada, use and terms and conditions
to use licenses, patents, etc.)
- Product innovation/variety (different or complementary product lines, state-of-the-art products)
- International competitiveness (world product mandate, access to international distribution networks)
The most frequent cause of delays in the review of applications is the lack of adequate information on the applicant's plans for the Canadian business.
Applicants should describe their plans in sufficient detail to enable the reviewing officer to obtain a clear understanding of their intentions. It is also helpful for applicants to provide three-year projections for the Canadian business
for employment, sales, exports, capital expenditures and research and development expenditures, where relevant.
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