Annual Reports 2010–11, 2011–12 and 2012–13 (lk81152)

In 2011–12, 15 applications for review were approved by the Minister of Industry and 696 notifications were filed with Industry Canada under the Act. Compared to 2010–11, applications decreased by one, whereas notifications increased by 116 (Figure 5 and Figure 6). There were 190 notifications filed establishing new businesses.

Figure 5: Applications

Figure 6: Notifications

Investment by Asset Value

The total asset value of applications and notifications was $34.40 billion. This represents a decrease from the2010–11 total of $37.99 billion (Figure 7).

The value of applications for review was $19.14 billion in 2011–12 compared to $16.84 billion in 2010–11,a 14 percent increase.

The value of notifications was $15.26 billion in 2011–12 in contrast to $21.15 billion in 2010–11, a28 percent decrease.

There were eleven transactions subject to the Act where the Canadian business had assets over $1 billion,nine of which were reviewable. The other two transactions were indirect investments and therefore notifiableunder the Act. The average value of reviewable transactions was $1.28 billion and $21.92 million fornotifiable transactions, compared to $1.05 billion and $36.46 million respectively in 2010–11. Values vary from year to year.

Figure 7: Asset Value by Sector ($ billions)

Investment by Sector

• Resource sector: 76 investments. This was the largest share of investments by asset value at $17.11 billion,with an average value of $225.12 million.
• Manufacturing sector: 141 investments. The total value was $5.24 billion, with an average valueof $37.17 million.
• Wholesale sector: 143 investments. The total value was $1.71 billion, with an average valueof $11.95 million.
• Business sector: 241 investments. The total value was $4.98 billion, with an average valueof $20.65 million. This sector traditionally has the greatest number of investments.
• Other sectors: 110 investments. The total value was $5.36 billion, with an average value of $48.77 million.^{Footnote 8}

Investment by Country or Region of Origin

The U.S. remained the number one investor with 357 investments totalling $15.93 billion in asset value. Thisaccounted for more than half of the total number of investments over this time period. The EU was secondwith 247 investments worth $8.69 billion, approximately 35 percent of the total number of investments(Figure 8).

Figure 8: Investments by Country or Region of Origin 2011–12

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

• France—$1.7 billion
• United Kingdom—$1.7 billion
• Netherlands—$994 million
• Belgium—$761 million
• Germany—$113 million

The BRIC countries (Brazil, Russia, India and China) followed the EU with investments of $7.8 billion, anincrease of more than $1 billion from the previous year.

In 2011–12, other countries of note in terms of investment included:

• Australia—$182 million
• Switzerland—$162 million
• Japan—$104 million