Investment flow charts

The following are simplified flow charts which outline the filing process for establishing a new business in Canada or acquiring control of a Canadian business.

  • This information does not relate to investments in cultural businesses.
  • Investments in cultural businesses are subject to dual filing requirements with Industry Canada and Canadian Heritage.
Establishing a New Business

Acquiring Control of a Canadian Business

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Terms

Direct acquisition – acquiring substantially all of the assets or a majority (in some cases one-third or more) of the shares of the entity carrying on a business in Canada.

Indirect acquisition – acquiring the shares of a company incorporated outside of Canada, which owns subsidiaries in Canada.

Thresholds for review – an application for review is required if acquiring a business with an asset value that equals or exceeds specific thresholds.

Date Updated:
RDP-1722