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ARTICLE · 07 FEBRUARY 2025

Competition/Antitrust & Foreign Investment Outlook 2025

McCarthy Tétrault
McCarthy Tétrault
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2024 was a watershed year for Canadian competition and foreign investment law reform. After incremental legislative and regulatory changes to the Competition Act and Investment Canada Act in 2022...

CanadaAntitrust/Competition Law
Jason Gudofsky
Jason Gudofsky
Dominic Thérien
Dominic Thérien
Michael Caldecott
Michael Caldecott
Oliver J. Borgers
Oliver J. Borgers
Casey Halladay
Casey Halladay
Debbie Salzberger
Debbie Salzberger
Nikiforos Iatrou
Nikiforos Iatrou
Kate McNeece
Kate McNeece
Author LinkedIn connections

INTRODUCTION: GENERATIONAL CHANGE IN CANADIAN COMPETITION AND FOREIGN INVESTMENT LAW

2024 was a watershed year for Canadian competition and foreign investment law reform. After incremental legislative and regulatory changes to the Competition Act and Investment Canada Act in 2022 and 2023, 2024 delivered passage of the most significant amendments to both statutes in more than a decade. Now, in 2025, the rubber is ready to hit the road. As we turn the page from legislative reform to law enforcement, time will tell whether we are entering a new epoch of emboldened enforcement or whether the amendments will reveal themselves to be a Potemkin village. The year ahead will serve as an important marker as the practical implications of the new legislative environment begin to crystallize.

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