Investment Canada Act schedule updated to include Canada–Indonesia trade agreement

Plain-language summary · AI-assisted · not legal advice

The schedule to the Investment Canada Act has been amended to add a reference to the Canada–Indonesia Comprehensive Economic Partnership Agreement (CEPA) and its Article 1.5. This means that investments covered by that agreement will now be assessed under the Act's framework in the same way as investments from other treaty partners already listed in the schedule. Businesses or investors with ties to Indonesia who are considering investing in Canada should be aware that the new treaty reference may affect how their investments are reviewed or thresholds that apply. No changes were made to penalties or other substantive provisions.

Who this affects: Indonesian investors acquiring Canadian businesses · Canadian businesses seeking investment from Indonesia · legal and compliance teams advising on foreign investment reviews · M&A advisors handling cross-border transactions with Indonesian parties