On March 22, 2024, Bill C-34 received royal assent, becoming the National Security Review of Investments Modernization Act. First introduced in the House of Commons by the Minister of Innovation, Science and Industry (the “Minister”) on December 7, 2022, the
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Antitrust Issues in Canadian Private Equity
What antitrust scrutiny can U.S. private equity expect in Canada?
Numerous recent proceedings by the U.S. Federal Trade Commission and Department of Justice have made antitrust issues top of mind for U.S. private equity (PE).
Given the frequent investment by…
Canada to Subject Interactive Digital Media Investments to Enhanced Scrutiny
On March 1, 2024, the Government of Canada unveiled two new foreign investment policies relating to the interactive digital media sector: one relating to national security reviews and the other to cultural investment reviews.
The policies define “interactive digital media”…
Merger Transaction-Size Threshold Remains Frozen at C$93M; Investment Canada Act Review Thresholds Increased
Competition Act Merger Notification Thresholds
The Canadian government has announced that the transaction-size threshold for pre-notification under the Competition Act will remain at C$93M for 2024. This is the third year that the transaction-size threshold has been fixed at this…
Canada Proposes a Significant Expansion of Private Competition Litigation: the Breakdown and Takeaways
On November 27, 2023, the Federal Government passed a Notice of Ways and Means Motion to introduce a bill entitled An Act to implement certain provisions of the fall economic statement tabled in Parliament on November 21, 2023 and certain provisions…
Proposed amendments to the merger review process in Canada: Implications for businesses
Merger review under the Competition Act (the “Act”) is undergoing significant change. As discussed in our previous blog post, the Federal Government has proposed significant amendments to the Act. These amendments, which are included in Bill C-56 and Bill…
Significant Competition Act Amendments on the Horizon
Federal Government Releases Proposed Bill relating to Fall Economic Statement – including Significant Competition Act Amendments
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Revised text of Bill C-56 Released
On November 27, 2023, the Federal Government passed a Notice of Ways and Means Motion…
Changes to Quebec Contest Rules
As of October 27, 2023, Quebec has eliminated its unique regulatory system which previous applied to publicity contests[1] which were offered in Quebec. In this regard, Bill 17: An Act to amend various provisions for the main purpose of…
Federal Government Releases Fall Economic Statement – with New Competition Act Amendments Previewed
On November 21, 2023, the Federal Government released its 2023 Fall Economic Statement (the “Statement”). The Statement lays out the Federal Government’s multifaceted plan to improve housing in Canada, support the middle class, bolster the economy and create a stable…
Bureau Publishes New Abuse of Dominance Guidelines
On June 23, 2022, Bill C-19, also known as the Budget Implementation Act, 2022, No.1 (the “BIA”), received royal assent. As discussed in our previous blog post, the BIA includes significant amendments to the Competition Act (the “Act”), including…