The 45 days I was referring to was the period of time within which the minister issues an opinion under the act. An opinion is not a decision; an opinion relates to an interpretation issue, such as what the Investment Canada Act covers, because there have been inconsistencies in how Industry Canada has interpreted that over the years. I was referring to ministerial written opinions in response to a request for an interpretation of the act and how it applies to a particular transaction.
On March 24th, 2011. See this statement in context.