The Consistency of Canada’s Foreign Investment Review Process—A Temporal Analysis
AbstractSince its inception, Canada’s Foreign Investment Review Agency (FIRA) has been criticized for applying its criteria for screening reviewable foreign direct investments in an inconsistent manner. This paper evaluates the consistency of FIRA’s review process over time, using published data on the disposition of reviewable proposals. The critical notion underlying the test is that discrete and significant changes in acceptance rates for reviewable proposals may indicate unanticipated changes in FIRA’s de facto screening criteria. Significant discrete changes can be identified in the acceptance rates for reviewable proposals over the period 1974-1982. These changes appear to be tied to cyclical conditions in the Canadian economy, which suggests that foreign investors can improve their assessments of FIRA’s de facto criteria by incorporating macroeconomic information and into their legal analysis.© 1984 JIBS. Journal of International Business Studies (1984) 15, 119–129
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
Bibliographic InfoArticle provided by Palgrave Macmillan in its journal Journal of International Business Studies.
Volume (Year): 15 (1984)
Issue (Month): 1 (March)
Contact details of provider:
Web page: http://www.palgrave-journals.com/
Postal: Palgrave Macmillan Journals, Subscription Department, Houndmills, Basingstoke, Hampshire RG21 6XS, UK
You can help add them by filling out this form.
reading list or among the top items on IDEAS.Access and download statistics
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Elizabeth Gale).
If references are entirely missing, you can add them using this form.