INVESTMENT AND SERVICES Sample Clauses

INVESTMENT AND SERVICES. ARTICLE 25
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INVESTMENT AND SERVICES bn CND Canada has liberalized foreign investment significantly since 1998. FDI stock in Canada amounted to CND 449 bn in 2006 and is mainly in oil and gas, finance, insurance, chemicals, information, communication technologies, management of companies and wholesale trade. Since 2000, FDI inflow into Canada has significantly risen (+ 130 bn) with a wave of acquisitions of some major Canadian companies by foreign investors. In 2006, American investors held 60% of the FDI stock.33 1'990 500 400 300 200 100 0 1990 1995 2000 2005 2007 Canadian FDI abroad FDI in Canada Foreign direct investment 34 Canada maintains a general policy of national treatment for FDI; however, there remain sector- specific restrictions related to fishing, mining and energy, air transport, telecommunications and cultural activities. The Investment Canada Act35 governs the establishment of new foreign businesses and the acquisition of control of Canadian businesses. A foreign acquisition above a given threshold is subject to review in order to guarantee that it results in a "net benefit" to the country. There are also federal and provincial statutes that govern investment in particular sectors. As a result, there is a need to reduce interprovincial barriers to investment.36 Services is the most important sector in Canada's economy, with 68% of total gross domestic product, 75% of employment and 53% of consumer spending.37 Canada is traditionally a net importer of services (deficit in 2005 CND 13.7 bn). Over half of Canada's transactions are in commercial services, transportation and travel accounting for most of the rest.38 Regarding barriers to services, Canada is open in value-added telecommunications, relatively open in environmental 33 Statistics Canada: xxx.xxxxxxx.xx/Xxxxx/Xxxxxxx/000000/x000000x.xxx; Foreign Affairs and International Trade Canada: xxx.xxxxx.xx.xx/xxx/xxx/XXX-Xxxxxx-Xxxxxx-Xxxxx-Xxxxxxx-0000-xx.xxx 34 Foreign Affairs and International Trade Canada: xxx.xxxxx.xx.xx/xxx/xxxxxxx-xxxxxxxxxx-xx.xxx 35 Industry Canada, Investment Canada Act:: xxx.xx.xx.xx/xxxx/xxxx/xxx-xxx.xxx/xx/xxxx?XxxxXxxxxxxx 36 Based on WTO Trade Policy Review Canada, The Secretariat Report, June 2007: xxx.xxx.xxx 37 Statistics Canada: xxx.xxxxxxx.xx/xxxxx/xxxxxxx/xxxxx?xxxxx=00X0000XXX0000000; Foreign Affairs and International Trade Canada: xxx.xxxxxxxxxxxxx.xx.xx/xxx/xxxxxxxx/XXX_0000/00-xx.xxx 38 WTO Trade Policy Review Canada, The Secretariat Report, June 2007: xxx.xxx.xxx services, rental serv...
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INVESTMENT AND SERVICES. The Parties agree to create stable, favourable and transparent conditions for companies of the other Parties that are making or seeking to make investments in their territories. They grant each other’s investments full protection and security as well as fair and equitable treatment in accordance with international law. The Parties recognize the importance of promoting cross-border investment and technology flows (Articles 24 and 25). The Parties aim at achieving gradual liberalisation and the mutual opening of their markets for trade in services in accordance with the provisions of the General Agreement on Trade in Services (GATS) (Articles 26 and 27).
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Related to INVESTMENT AND SERVICES

  • Investment Services The Sub-Adviser will formulate and implement a continuous investment program for the Fund conforming to the investment objective, investment policies and restrictions of the Fund as set forth in the Prospectus and Statement of Additional Information of the Company as in effect from time to time (together, the "Registration Statement"), the Articles of Incorporation and By-laws of the Company, and any investment guidelines or other instructions received by the Sub-Adviser in writing from the Investment Manager from time to time. Any amendments to the foregoing documents will not be deemed effective with respect to the Sub-Adviser until the Sub-Adviser's receipt thereof. The appropriate officers and employees of the Sub-Adviser will be available to consult with the Investment Manager, the Company and the Directors at reasonable times and upon reasonable notice concerning the business of the Company, including valuations of securities which are not registered for public sale, not traded on any securities market or otherwise may be deemed illiquid for purposes of the ICA; provided it is understood that the Sub-Adviser is not responsible for daily pricing of the Fund's assets. Subject to the supervision and control of the Investment Manager, which in turn is subject to the supervision and control of the Directors, the Sub-Adviser in its discretion will determine which issuers and securities will be purchased, held, sold or exchanged by the Fund or otherwise represented in the Fund's investment portfolio from time to time and, subject to the provisions of paragraph 3 of this Agreement, will place orders with and give instructions to brokers, dealers and others for all such transactions and cause such transactions to be executed. Custody of the Fund will be maintained by a custodian bank (the "Custodian") and the Investment Manager will authorize the Custodian to honor orders and instructions by employees of the Sub-Adviser designated by the Sub-Adviser to settle transactions in respect of the Fund. No assets may be withdrawn from the Fund other than for settlement of transactions on behalf of the Fund except upon the written authorization of appropriate officers of the Company who shall have been certified as such by proper authorities of the Company prior to the withdrawal. The Sub-Adviser will not be responsible for the provision of administrative, bookkeeping or accounting services to the Fund except as specifically provided herein, as required by the ICA or the Advisers Act or as may be necessary for the Sub-Adviser to supply to the Investment Manager, the Fund or the Fund's shareholders the information required to be provided by the Sub-Adviser hereunder. Any records maintained hereunder shall be the property of the Fund and surrendered promptly upon request. In furnishing the services under this Agreement, the Sub-Adviser will comply with and use its best efforts to enable the Fund to conform to the requirements of: (i) the ICA and the regulations promulgated thereunder; (ii) Subchapter M of the Internal Revenue Code and the regulations promulgated thereunder; (iii) other applicable provisions of state or federal law; (iv) the Articles of Incorporation and By-laws of the Company; (v) policies and determinations of the Company and the Investment Manager provided to the Sub-Adviser in writing; (vi) the fundamental and non-fundamental investment policies and restrictions applicable to the Fund, as set out in the Registration Statement of the Company in effect, or as such investment policies and restrictions from time to time may be amended by the Fund's shareholders or the Directors and communicated to the Sub-Adviser in writing; (vii) the Registration Statement; and (viii) investment guidelines or other instructions received in writing from the Investment Manager. Notwithstanding the foregoing, the Sub-Adviser shall have no responsibility to monitor compliance with limitations or restrictions for which information from the Investment Manager or its authorized agents is required to enable the Sub-Adviser to monitor compliance with such limitations or restrictions unless such information is provided to the Sub-adviser in writing. The Sub-Adviser shall supervise and monitor the activities of its representatives, personnel and agents in connection with the investment program of the Fund. Nothing in this Agreement shall be implied to prevent the Investment Manager from engaging other sub-advisers to provide investment advice and other services to the Fund or to series or portfolios of the Company for which the Sub-Adviser does not provide such services, or to prevent the Investment Manager from providing such services itself in relation to the Fund or such other series or portfolios. The Sub-Adviser shall be responsible for the preparation and filing of Schedule 13-G and Form 13-F on behalf of the Fund. The Sub-Adviser shall not be responsible for the preparation or filing of any other reports required of the Fund by any governmental or regulatory agency, except as expressly agreed in writing.

  • Advisory Services The Advisor shall act as investment advisor for the Funds and shall, in such capacity, supervise all aspects of the Funds' operations, including the investment and reinvestment of cash, securities or other properties comprising the Funds' assets, subject at all times to the policies and control of the Board of Trustees. The Advisor shall give the Trust and the Funds the benefit of its best judgment, efforts and facilities in rendering its services as investment advisor.

  • Beta Services From time to time, We may invite You to try Beta Services at no charge. You may accept or decline any such trial in Your sole discretion. Beta Services will be clearly designated as beta, pilot, limited release, developer preview, non-production, evaluation or by a description of similar import. Beta Services are for evaluation purposes and not for production use, are not considered “Services” under this Agreement, are not supported, and may be subject to additional terms. Unless otherwise stated, any Beta Services trial period will expire upon the earlier of one year from the trial start date or the date that a version of the Beta Services becomes generally available. We may discontinue Beta Services at any time in Our sole discretion and may never make them generally available. We will have no liability for any harm or damage arising out of or in connection with a Beta Service.

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