Share on LinkedInShare on LinkedIn

ARTICLE · 14 FEBRUARY 2023

Despite High Inflation, Canadian Government Holds Merger Review Threshold Steady

For the second year in a row the Canadian government has maintained the transaction-size threshold for pre-merger notification at $93 million.

CanadaAntitrust/Competition Law

For the second year in a row the Canadian government has maintained the transaction-size threshold for pre-merger notification at $93 million. The Minister cited the need to fully scrutinize potentially harmful deals and the government's commitment to a robust competition enforcement framework as reasons for not raising the threshold.

On February 2, the Honourable François-Philippe Champagne, Minister of Innovation, Science and Industry announced that the transaction-size threshold for notifiable transactions under the Competition Act will remain at $93 million for 2023, despite high inflation. This signals the government's intention to subject more transactions to pre-closing review by the Competition Bureau, which is consistent with its recent focus on expanding the role of the Bureau.

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