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ARTICLE · 08 MARCH 2022

Merger Notification And Investment Canada Act Thresholds Updates

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The 2022 updates to the notification thresholds under Canada's Competition Act and Investment Canada Act have been announced.

CanadaAntitrust/Competition Law
James Musgrove
James Musgrove
Neil Campbell
Neil Campbell
John Clifford
John Clifford
Joshua Chad
Joshua Chad
Connor Campbell
Connor Campbell
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The 2022 updates to the notification thresholds under Canada's Competition Act and Investment Canada Act have been announced. While the Investment Canada Act thresholds increased materially this year, given the increases to GDP, the Minister of Innovation, Science and Industry elected to leave the Competition Act thresholds unchanged. The Minister made this decision in order to provide the “Competition Bureau [with] a greater field of view in its efforts to detect potentially harmful transactions”. This is an explicit policy choice, which is a departure from past practice in which the thresholds have generally followed GDP changes in a largely mechanical fashion.

Competition Act

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The foregoing provides only an overview and does not constitute legal advice. Readers are cautioned against making any decisions based on this material alone. Rather, specific legal advice should be obtained.

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