Yes. The Investment Canada Act refers to the net benefit to Canada, for example the effect of the investment on the level and nature of economic activity in Canada and Quebec. It also refers to the significance of participation by Canadians in the Canadian business, the effect of the investment on productivity, industrial efficiency, technological development and product innovation, the effect of the investment on competition within any industries in Canada and the compatibility of the investment with national industrial, economic and cultural policies.
On March 13th, 2008. See this statement in context.