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ARTICLE · 27 JUNE 2024

"Generational" Changes To The Competition Act Now In Force As Bill C-59 Receives Royal Assent

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Bill C-59 (the "Bill") was introduced in the House of Commons on November 30, 2023 to implement certain provisions of the 2023 federal budget and 2023 fall economic statement.

CanadaAntitrust/Competition Law
John Agioritis
John Agioritis
Jayden Toth
Jayden Toth
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Bill C-59 (the "Bill") was introduced in the House of Commons on November 30, 2023 to implement certain provisions of the 2023 federal budget and 2023 fall economic statement. The Bill contains substantial amendments to the Competition Act (the "Act"), which are intended to complement other changes to the Act that were assented to last year in Bill C-56, also known as the Affordable Housing and Groceries Act.

The Bill received royal assent on June 20, 2024 and the competition-related measures proposed in the Bill mark the most significant changes to the Canadian law in decades. In fact, some senators and members of Parliament have even referred to the proposed changes to as "generational."

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