In its recent decision in Canada (A.G.) v. United States Steel Corporation and U.S. Steel Canada Inc., the Federal Court of Canada upheld the constitutionality of the remedies, including administrative monetary penalties (“AMPs”), available to the Minister of Industry (“Minister”) pursuant to the Investment Canada Act (“ICA”) when enforcing undertakings made by investors when investing in Canada.

type Competition and Marketing Law Bulletin – August 2010 – What Foreign Investors Need to Know About the U.S. Steel Case