Share on LinkedInShare on LinkedIn

ARTICLE · 18 FEBRUARY 2021

Competition Act And Investment Canada Act Review Thresholds Lowered For 2021

Bennett Jones LLP
Bennett Jones LLP
Contributor
Bennett Jones LLP

Bennett Jones LLP

Bennett Jones is one of Canada’s premier business law firms. With deep experience in complex...

View firm profile
Explore more from Bennett Jones LLP

The Competition Bureau announced that the 2021 size of transaction pre-merger notification threshold under the Competition Act will decrease to C$93 million from ...

CanadaAntitrust/Competition Law

The Competition Bureau announced that the 2021 size of transaction pre-merger notification threshold under the Competition Act will decrease to C$93 million from the current threshold of C$96 million. Acquisitions may be subject to mandatory pre-notification where the aggregate value of the target firm's assets in Canada, or the gross revenues from sales in or from Canada generated from those assets, exceeds the size of transaction threshold. The size of parties threshold (C$400 million) must also be met for a mandatory notification to be acquired. Further, certain other non-financial thresholds may apply depending on the structure of the deal. The 2021 size of transaction threshold came into effect February 13, 2021, following publication in the Canada Gazette Part 1.

We operate a free-to-view policy, asking only that you register in order to read all of our content. Please login or register to view the rest of this article.

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

See more popular content from