Article
New Critical Path For Critical Minerals Deals: Canada To Implement Pre-Closing National Security Review Regime
Foreign investors in Canada's critical minerals sector will soon face a new mandatory pre-closing notification regime requiring government review before transactions can close. The regime, expected in early 2027, will significantly expand the scope of investments subject to national security reviews, including minority stakes and asset purchases. What are the key implications for deal timing, penalties, and transaction structure in this evolving regulatory landscape?
Cassels