Articles 2013

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The Government of Canada Proposes Amendments to the Investment Canada Act Relating to State-Owned Enterprises
Thursday, May 16, 2013

Introduction As previously reported1, on December 7, 2012, the Government of Canada (the “Government”) approved the proposed acquisition of Progress Energy Resources Corp. by PETRONAS, and the proposed acquisition of Nexen Inc. by the China National Offshore Oil Company (“CNOOC”), pursuant to the Investment Canada Act2 (“ICA”).

Recent Corruption of Foreign Public Officials Case Sends Mixed Messages to Canadian Companies
Tuesday, March 26, 2013

Overview In the United States, both the Department of Justice and the Securities and Exchange Commission place a premium on the self-reporting of U.S. Foreign Corrupt Practices Act1 (“FCPA”) violations, cooperation with the authorities, and the implementation of an effective anti-corruption compliance program.

Canada Introduces Amendments to the Corruption of Foreign Public Officials Act
Monday, February 11, 2013

Introduction As a member of the Organization for Economic Co-operation and Development (“OECD”), Canada signed the Convention on Combating Bribery of Foreign Public Officials in International Business Transactions (the “OECD Convention”) on December 17, 1997.

Canada Approves Proposed Oil and Gas Acquisitions Under the Investment Canada Act and Issues Revised Guidelines for State-Owned Enterprises
Tuesday, January 8, 2013

On December 7, 2012, the Government of Canada (the “Government”) approved two proposed acquisitions by state-owned enterprises (“SOEs”) under the Investment Canada Act (the “Act”).