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ARTICLE · 23 NOVEMBER 2022

Gates Are Open For Consultation On Round Two Of Competition Act Amendments

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On November 17th, the Minister of Innovation, Science and Economic Development Canada ("ISED") announced a consultation on the future of competition policy in Canada, which will lead to further review...

CanadaAntitrust/Competition Law

On November 17th, the Minister of Innovation, Science and Economic Development Canada ("ISED") announced a consultation on the future of competition policy in Canada, which will lead to further review and potential overhaul of Canada's Competition Act (the "Act"). This follows a set of amendments to the Act enacted this past summer that, among other things, expanded the Competition Bureau's investigatory powers, increased penalties for civil and criminal offences, and criminalized wage-fixing and non-solicitation agreements (see McMillan's bulletin on these amendments here). However, the Commissioner of Competition indicated this fall that the Bureau will participate in the consultation and continue pushing for further reforms to the Act that were not captured in the amendments enacted earlier this year.

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