Annual Reports 2010–11, 2011–12 and 2012–13 (lk81151)

In 2010–11, 16 applications for review were approved by the Minister of Industry and 580 notifications werefiled with Industry Canada under the Act. Compared to 2009–10, applications decreased by seven, whereasnotifications increased by 166 (Figure 1 and Figure 2). There were 144 notifications filed establishing new businesses.

Figure 1: Applications

Figure 2: Notifications

Investment by Asset Value

The total asset value of applications and notifications was $37.99 billion. This represents a decrease from the2009–10 total of $60.86 billion (Figure 3).

The value of applications for review was $16.84 billion in 2010–11 compared to $30.79 billion in 2009–10,a 45 percent decrease.

The value of notifications was $21.15 billion in 2010–11 in contrast to $30.07 billion in 2009–10, a30 percent decrease.

There were seven transactions subject to the Act where the Canadian business had assets over $1 billion, five of which were reviewable. The other two transactions were indirect investments and therefore notifiable under the Act. The average value of reviewable transactions was $1.05 billion and $36.46 million for notifiable transactions, versus $1.34 billion and $72.62 million respectively in 2009–10. Values vary from year to year.

Figure 3: Asset Value by Sector ($ billions)

Investment by Sector

• Resource sector: 89 investments. This was the largest share of investments by asset value at$16.51 billion, with an average value of $185.50 million.
• Manufacturing sector: 145 investments. The total value was $8.53 billion, with an average valueof $58.83 million.
• Wholesale sector: 76 investments. The total value was $5.48 billion, with an average valueof $72.12 million.
• Business sector: 211 investments. The total value was $2.51 billion, with an average valueof $11.88 million. This sector traditionally has the greatest number of investments.
• Other sectors: 75 investments. The total value was $4.96 billion, with an average value of $66.11 million.^{Footnote 6}

Investment by Country or Region of Origin

The U.S. remained the number one investor with 307 investments totalling $19.87 billion in asset value. Thisaccounted for more than half of the total number of investments over this time period. The EU was secondwith 152 investments worth $5.26 billion, approximately 26 percent of the total number of investments(Figure 4).

Figure 4: Investments by Country or Region of Origin 2010–11

Within the EU, the following countries had the highest dollar value of investment:

• France—$1.82 billion
• United Kingdom—$1.72 billion
• Luxembourg—$684 million
• Germany—$530 million

The BRIC countries (Brazil, Russia, India and China) had investments of $6.44 billion.

In 2010–11, other countries of note in terms of investment included:

• Japan—$1.99 billion
• South Korea—$1.20 billion
• Hong Kong—$868 million
• Australia—$736 million
• Switzerland—$426 million