Skip to main content
Douglas New Toronto Lawyer

Douglas C. New

Partner Fasken
While Canada continues to welcome foreign investment, it remains important, during the transaction planning process, to give early focus on what Canadian regulatory clearances might be required in order to avoid unnecessary delays or transaction complications.
Jurisdiction Ontario, 1976
Language(s) English
Office(s) Toronto
Contact
Share
  • LinkedIn

Overview

Former Chair of the firm’s Competition, Marketing & Foreign Investment group, Douglas New carries on an active regulatory law practice which includes providing advice to domestic and foreign clients on matters of national security and pre-merger regulatory clearances under legislation such as the Competition Act, Bank Act, Insurance Companies Act, Investment Canada Act and Canada Transportation Act.

Douglas previously served with Canada’s Foreign Investment Review Agency (now the Investment Review Division of the Ministry of Innovation, Science and Economic Development Canada) as a Special Advisor (Legal) to the Deputy Commissioner. His national security experience is a direct result of providing advice and counsel to numerous foreign investors making direct investments in Canada, both in connection with acquisitions of existing Canadian businesses and the establishment of new businesses in Canada.

Regularly commenting on Canada’s national security, competition, and foreign investment laws, Douglas has contributed articles to publications including Business Lawyer (ABA), CA Magazine and International Financial Law Review, has served as a contributing editor to the Matthew Bender & Co publication Doing Business In Canada and as editor-in-chief for Review of International Business Law, and was a contributing author to Foreign Investment Review Law in Canada. Douglas most recently sat on the editorial board of the Competition Chronicle.

Douglas obtained his Juris Doctorate at Western University, following which he was called to the degree of Barrister-at-Law by the Law Society of Upper Canada and enrolled as a Solicitor of the Supreme Court of Ontario.

Douglas has served on numerous Firm committees including as Chair of the Business Development Committee and as Co-Chair of the Diversity and Inclusion Committee.  In recognition of his efforts to promote diversity in the legal profession in Canada, he received the Traditional Law Practice Award from the Canadian Association of Black Lawyers in 2013.

Named a leading Canadian lawyer in the area of foreign investment law by Chambers Global, Douglas is also an Adjunct Professor at Ryerson University lecturing on the subject of business law at the Ted Rogers School of Business Management.

Client Work

  • PolyOne Corporation completes sale of Performance Products and Solutions Business to SK Capital Partners, [Deal - PolyOne Corporation]
  • China's Zijin Mining to buy Canada's Nevsun for approximately C$1.86 billion, [Deal - Zijin Mining Group]
  • Sale of Prével Retraite’s portfolio of retirement residences, [Deal - Groupe Prével]
  • C.H. Robinson Worldwide acquires Milgram & Company for C$62 million, [Deal - C.H. Robinson Worldwide Inc.]
  • Gold Fields completes strategic sale of royalty portfolio to Maverix Metals, [Deal - Gold Fields Limited]
  • Intact Financial acquires Canadian Direct Insurance, [Deal - Intact Financial Corporation]
  • Layer 7 is acquired by CA Technologies, [Deal - Layer 7 Technologies, Inc.]
  • First Quantum announces successful completion of the C$5.1 billion offer for Inmet, [Deal - First Quantum Ltd.]
  • Aluminum Corporation of China submits C$925 million bid for controlling interest in SouthGobi Resources, [Deal - Aluminum Corporation of China Ltd.]

Career & Education

Education

  • JD Western University

Memberships & Affiliations

  • Member, Canadian Bar Association - Competition Law Section
  • Member, Canadian Bar Association and Ontario Bar Association - Foreign Investment Review Committee
  • Member, Ontario Bar Association - Sexual Orientation and Gender Identity Section
  • Member, American Bar Association - International Antitrust Committee, Antitrust Law Section
  • Life Member, Canadian Association of Black Lawyers
  • Past Member, Ontario Investment Promotion Co-ordination Committee, a joint committee of the Ontario and Canadian Governments dealing with trade and investment issues 
  • Member, The Granite Club

Knowledge

Events

News

Publications

  • On Second Thought: The Government of Canada Reverses Prior National Security Ruling, 4/3/2017
  • Investment Canada Act: National Security Review Powers Rarely Invoked, 1/31/2017
  • Investment Canada Issues National Security Review Guidelines, 12/21/2016
Article On Second Thought: The Government of Canada Reverses Prior National Security Ruling Competition Chronicle
Article Investment Canada Act: National Security Review Powers Rarely Invoked Competition Chronicle
Article Investment Canada Issues National Security Review Guidelines Competition Chronicle

Speaking Engagements

  • Recent Developments in Canada’s Deceptive Marketing and Advertising Laws, 6/2/2016
  • Dealing with Client Demands for Progress on Diversity Issues, 11/18/2010
  • Navigating the Investment Review Process in Canada: The Latest Word, 6/10/2010
Recent Developments in Canada’s Deceptive Marketing and Advertising Laws location location Toronto
Presenter Dealing with Client Demands for Progress on Diversity Issues Summit, A Call to Action Canada location location Toronto Summit, A Call to Action Canada
Presenter Navigating the Investment Review Process in Canada: The Latest Word Successful Deals with Chinese Investors Conference location location Toronto, ON, Canada Successful Deals with Chinese Investors Conference

    Subscribe

    Receive email updates from our team

    Subscribe