Canada’s planned increase to the generally applicable threshold for “net benefit” reviews under the Investment Canada Act (ICA) from $800 million to $1 billion became effective June 22, 2017. The new threshold, should have the effect of exempting most investments or dispositions by WTO investors from the “net benefit to Canada” review process under the ICA.
On May 9, 2016, the Ontario Immigrant Nominee Program ("OINP") announced that the Province of Ontario had received a sufficient number of OINP applications to meet its 2016 federal allocation. As a result, it has placed a temporary pause on the intake of applications under what it refers to as "select, high-volume" OINP streams.
On April 1, 2015, Citizenship and Immigration Canada published regulations implementing its Electronic Travel Authorization ("eTA") program. The regulations initially required eTAs to be mandatory as of March 15, 2016. Fortunately, the new Liberal Government has decided to delay the enforcement of the eTA requirement until Fall 2016 (no exact end date has been announced) by implementing a "leniency period." During the leniency period, visa-exempt foreign nationals who do not have an eTA will still be permitted to enter Canada as long as they have appropriate travel documents, such as a valid passport. Nevertheless, visa-exempt foreign nationals are encouraged to obtain an eTA as soon as possible.