Non-Canadian investor establishing or acquiring a business: choose notification or review before the transaction
Classify the investor, control and business, measure value and sector, choose mandatory or voluntary filing and address national security.
A certified notification is not a net-benefit approval or confirmation that no national-security review will occur. The analyses are separate.
Confirm the scope
Identify citizenship, ultimate controller, Canadian business, new activity, direct or indirect control and implementation date.
Prepare the information
Calculate value under current methods and thresholds and check cultural business, state investor and trade-agreement rules.
Complete the process
Choose mandatory notification, voluntary notification or review application and prepare complete forms, plans and information.
Keep follow-up records
File on time, answer questions, manage undertakings and do not implement a transaction requiring prior approval.
Investment Canada Act forms — ISED
Sources and limits
Official sources are linked in the guide. Checked August 29, 2026; confirm current rules, forms and deadlines with the responsible authority.
General information based on federal and national rules; provincial rules may differ. Confirm with the official body before acting. Last reviewed : 2026-08-29.