Investment Canada Act: Minister of Industry Announces BHP Acquisition of Potash Corp Not of Net Benefit

Mondaq Business BriefingCanada Law Articles in English (2010)

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Investment Canada Act: Minister of Industry Announces BHP Acquisition of Potash Corp Not of Net Benefit

On November 3, 2010, Industry Minister Tony Clement announced that the proposed $38-billion acquisition of Potash Corporation by BHP Billiton was not likely to be of net benefit to Canada under the Investment Canada Act.

BHP had applied for the Minister's...

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