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ARTICLE · 13 MAY 2026

Blakes Competitive Edge™: May 2026 Update

Blake, Cassels & Graydon LLP
Blake, Cassels & Graydon LLP
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Blake, Cassels & Graydon LLP

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This May 2026 issue examines recent Canadian competition law enforcement actions, including the Bureau's challenge to a major energy sector acquisition and its pursuit of testimony from former Google employees in ongoing antitrust proceedings. The bulletin also analyzes proposed legislative changes that would narrow foreign bank exemptions under the Investment Canada Act, alongside comprehensive merger review statistics and foreign investment filing data through April 2026.

CanadaAntitrust/Competition Law
Blake, Cassels & Graydon LLP
Blake, Cassels & Graydon LLP
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Welcome to the May issue of Blakes Competitive Edge, a monthly publication of the Blakes Competition, Antitrust & Foreign Investment group. Blakes Competitive Edge provides an overview of recent developments in Canadian competition and foreign investment law, including updates on enforcement activity by the Canadian Competition Bureau (Bureau), recent initiatives and key trends.

Key Highlights

  • Merger review activity in 2026 is consistent compared to last year, with the Bureau completing 75 merger reviews through the end of April 2026, the same number as completed through April 2025.
  • The Bureau challenges Keyera Corp.’s proposed acquisition of Plains All American Pipeline L.P.’s natural gas liquids business.

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