Country of the trade agreement: a country other than Canada which is either a party to the agreement described in point (a)(i) of the definition of a commercial investor in this Subsection or to a trade agreement set out in column 1 of the Annex. (country (trade treaty)) Every effort is made to process requests for review as quickly as possible. Under the act, the minister has 45 days to decide whether or not to authorize the investment. The Minister may unilaterally extend the 45-day period by 30 days by sending a notification to the investor before the expiry of the initial 45-day period. Further extensions are permitted if both the investor and the Minister agree to the extension. In the absence of authorization or notification of renewal within the period in force, the investment shall be deemed to have been approved. It is not uncommon for the Minister to extend the initial 45-day review period by an additional 30 days to allow for full consideration of the investment. . . .
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