Annual Reports 2010–11, 2011–12 and 2012–13 (lk81154)

In 2012–13, 18 applications for review were approved by the Minister of Industry and 664 notifications were filed with Industry Canada under the Act. Compared to 2011–12, applications increased by three, whereas notifications decreased by 32 (Figure 9 and Figure 10). There were 179 notifications filed establishing new businesses.

Figure 9: Applications

Figure 10: Notifications

Investment by Asset Value

The total asset value of applications and notifications was $56.21 billion. This represents an increase of about 63 percent from the 2011–12 total of $34.40 billion (Figure 11).

The value of applications for review was $43.10 billion in 2012–13 compared to $19.14 billion in 2011–12, a 125 percent increase.

The value of notifications was $13.11 billion in 2012–13 in contrast to $15.26 billion in 2011–12, a 14 percent decrease.

There were six transactions subject to the Act where the Canadian business had assets over $1 billion, all of which were reviewable. The average value of reviewable transactions was $2.39 billion and $19.75 million for notifiable transactions, compared to $1.28 billion and $21.92 million respectively in 2011–12. Values vary from year to year.

Figure 11: Asset Value by Sector ($ billions)

Investment by Sector

• Resource sector: 94 investments. This was the largest share of investments by asset value at $33.31 billion, with an average value of $354.33 million.
• Manufacturing sector: 141 investments. The total value was $5.89 billion, with an average value of $41.77 million.
• Wholesale sector: 124 investments. The total value was $10.35 billion, with an average value of $83.49 million.
• Business sector: 249 investments. The total value was $5.22 billion, with an average value of $20.95 million. This sector traditionally has the greatest number of investments.
• Other sectors: 74 investments. The total was $1.45 billion, with an average value of $19.53 million.^{Footnote 10}

Investment by Country or Region of Origin

The U.S. remained the number one investor with 366 investments totalling $15.11 billion in asset value. This accounted for more than half of the total number of investments over this time period. The EU was second with 206 investments worth $7.50 billion, approximately 30 percent of the total number of investments (Figure 12).

Figure 12: Investments by Country or Region of Origin 2012–13

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

• United Kingdom—$4.7 billion
• Sweden—$1.0 billion
• France—$513 million
• Luxembourg—$435 million
• Netherlands—$378 million
• Germany—$162 million

The BRIC countries (Brazil, Russia, India and China) made 27 investments totalling $20.5 billion, an increase of $12.7 billion from the previous year.

In 2012–13, other countries of note in terms of investment included:

• Switzerland—$7.1 billion
• Japan—$1.2 billion
• Australia—$193 million
• South Korea—$50 million