Canada: Government, Public Sector

Osler, Hoskin & Harcourt LLP is pleased to provide you with the latest Legislative Update, our online briefing on changes to federal and provincial legislation.

Canadian companies operating in sensitive technology sectors now face heightened national security scrutiny when raising capital under Bill C-34's National Security Review regime. This expanded government oversight extends beyond traditional acquisitions to include early-stage financings and minority investments, fundamentally changing how foreign capital flows into defence, aerospace, AI, and other dual-use technology sectors. Founders and foreign investors must now treat national security clearance as a c

On April 28, 2026, the federal government released Canada’s Spring Economic Update 2026 (the “ Update ”), continuing the “Build Canada Strong” agenda first set out in Budget 2025.