Briefing

    Industry committee calls for data and IP protections, funding clawbacks in foreign takeovers

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    The federal government has been asked to review the Investment Canada Act to “improve the treatment of intangible assets” in reviews to ensure large foreign takeovers benefit the economy and employment. To retain IP, the committee suggested firms selling to an international investor be required to “return moneys received from federal programs or subsidies.” (The Logic)

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