Foreign Investment in Canada

CIM Bulletin, Vol. 87, No. 982, 1994

Robert B. Parsonst Partner. Price Waterhouse, Toronto

Canadian investment abroad has been the focus of considerable attention in recent years. Canadian mining companies have been heavy investors in Latin America. and are taking a hard look at Central Asia and the Pacific Rim. This international flow of capital is not one-way. however. Foreign mining companies continue to make substantial investments in Canada's mining industry. This month. Tax Notes addresses some of the main Canadian income tax implications of foreign investment in Canada.