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ARTICLE · 29 JUNE 2022

More Speed And More Haste: Significant Amendments To Canada's Competition Act Come Into Force

McCarthy Tétrault
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Just two months after the announcement of a series of significant amendments to the Competition Act (the "Act") in the Canadian federal government's 2022 budget, the Budget Implementation Act, 2022 (the "BIA") has now received royal assent.

CanadaAntitrust/Competition Law
Jason Gudofsky
Jason Gudofsky
Dominic Thérien
Dominic Thérien
Michael Caldecott
Michael Caldecott
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Just two months after the announcement of a series of significant amendments to the Competition Act (the "Act") in the Canadian federal government's 2022 budget, the Budget Implementation Act, 2022 (the "BIA") has now received royal assent. As in prior years, the government has pushed the BIA - an omnibus bill covering various policy objectives - through the legislative process prior to the start of Parliament's summer recess, meaning that several noteworthy changes to Canada's competition law regime are now in effect.

The passage of the BIA through both chambers of Parliament did not result in any amendments to the proposed legislative text. A comprehensive summary of the key changes was provided in our prior update. To recap, they include:

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