The Graphic Truth: Who invested the most in Canada in 2022
Last year, Trudeau’s government revised the Investment Canada Act, its law governing foreign direct investment, adding new safeguards against China investing in areas of the economy that could be a threat to national security. The revisions touched on infrastructure, critical resources, technology, supply chains, and intellectual property.
The decision marked a new era in the China-Canada relationship, with Ottawa siding more with Washington amid the US-China rivalry, decisively backing away from its earlier middleman role.
But how big of a concern was China’s FDI footprint in Canada? We look at the biggest foreign investors in Canada in 2022.