Foreign investments in interactive digital media sector to face enhanced scrutiny, ISED and Heritage say

Foreign investments in Canada’s interactive digital media sector by entities owned or influenced by foreign states — particularly states engaging in activities that could pose a risk to Canada’s national security — will be subject to enhanced scrutiny from now on, Minister of Innovation, Science and Industry François-Philippe Champagne and Minister of Canadian Heritage Pascale St-Onge announced Friday. For the purpose of the new policies announced by ISED and Heritage clarifying the application of the Investment Canada Act to investments involving interactive digital media (IDM), IDM is defined as digital content and environments with which users can actively participate or which facilitate collaborative participation among multiple users for...