Originally published in Blakes Bulletin on
Competition Law, May 2008
The Canadian Minister of Industry, The Honourable Jim
Prentice, confirmed yesterday his decision to block the
proposed sale of Macdonald, Dettwiler and Associates Ltd. to
Alliant Techsystems Inc.
As we reported in our April 11th bulletin, entitled Investment Canada Giving Greater Scrutiny
to Foreign Investments?, the Minister is not satisfied
that Alliant Techsystems' application to acquire
control of the Information Systems and Geospatial Businesses of
MacDonald, Dettwiler and Associates Ltd. is likely to be of net
benefit to Canada, this being the statutory standard for
approval under the Investment Canada Act.
The Investment CanadaAct applies to every
acquisition of control of, and establishment of a new, Canadian
business by a non-Canadian.
The content of this article is intended to provide a
general guide to the subject matter. Specialist advice should
be sought about your specific circumstances.
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The session will be led by Dr. Robert Brooks, an award-winning author and psychologist. In his presentation, Dr. Brooks will describe the mindset and realistic practices of leaders and staff that help to nurture and sustain a culture characterized by positive emotions, satisfying, respectful relationships, a sense of meaning and ownership for one’s work, and enhanced job performance. Examples will be offered to illustrate strategies for developing a positive emotional culture in an organization.
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