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ARTICLE · 24 OCTOBER 2017

Competition Act Merger Filing Fees Likely To Jump In 2018

Norton Rose Fulbright Canada LLP
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Any change to the filing fee must be approved by the Minister of Innovation, Science and Economic Development.

CanadaAntitrust/Competition Law
Kevin Ackhurst
Kevin Ackhurst
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The Canadian Competition Bureau has started the process to increase the fee that must be paid when filing a pre-merger notification or seeking an advance ruling certificate under the Competition Act. The fee is currently $50,000, and the Bureau is seeking permission to increase the fee to up to $72,000, effective April 1, 2018. Any change to the filing fee must be approved by the Minister of Innovation, Science and Economic Development.

Merger notification regime

Proposed transactions that exceed the merger notifications thresholds in the Competition Act cannot be completed until certain steps have been taken.  A pre-merger notification is only required for five specific types of transactions:

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