C-31Government of CanadaLIBERAL
Modernization of the Investment Canada Act
Continuation of the C-34 reforms passed in 2024, adapting the act to the AI and critical-minerals economy.
Status
✓
Introduced✓
1st Reading✓
2nd Reading4
Committee5
Report6
3rd Reading7
Royal AssentSummary
Expands national-security screening for foreign investment to include AI infrastructure, critical minerals, and any acquisition over $1.7B regardless of sector. Adds an in-camera judicial-review pathway.