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ARTICLE · 27 JANUARY 2014

Investment Canada Act And Competition Act Mandatory Review Thresholds For 2014

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Industry Canada and the Competition Bureau have announced new thresholds for review for the year 2014.

CanadaAntitrust/Competition Law
Adam Kalbfleisch
Adam Kalbfleisch
Kyle Donnelly
Kyle Donnelly
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Industry Canada and the Competition Bureau have announced new thresholds for review for the year 2014.

On January 20, 2014, the Competition Bureau announced the 2014 "size of transaction" pre-merger notification threshold would increase to $82 million; the 2013 threshold was $80 million.  Acquisitions may be subject to mandatory pre-notification where the aggregate value of the target firm's assets in Canada, or the gross revenues from sales in or from Canada generated from those assets, exceeds the "size of transaction" threshold.  The "size of parties" threshold ($400 million), and shareholdings threshold in the case of share deals, must also be met for a mandatory notification to be required.

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