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ARTICLE · 09 FEBRUARY 2016

2016 Competition Act And Investment Canada Act Thresholds Announced

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Earlier today, the Canadian Competition Bureau (the Bureau) announced that the pre-merger notification Transaction-Size threshold will increase from $86 million to $87 million for 2016.

CanadaAntitrust/Competition Law

1. Competition Act

Earlier today, the Canadian Competition Bureau (the Bureau) announced that the pre-merger notification Transaction-Size threshold will increase from $86 million to $87 million for 2016. The new threshold, which is revised annually and is indexed to the growth of Canadian GDP, will come into immediate effect following the publication of the Canada Gazette Part 1 (anticipated to occur on February 6, 2016).

Under the Competition Act, transactions that exceed the following thresholds generally require pre-merger notification:

  1. "Parties-Size": where the combined Canadian assets or revenues of the parties and their affiliates in, from or into Canada exceed $400 million; and

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