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ARTICLE · 27 FEBRUARY 2018

New Competition Act And Investment Canada Act Review Thresholds Announced For 2018

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On February 9, 2018, the Competition Bureau announced the 2018 size of transaction pre-merger notification threshold under the Competition Act would increase to $92 million (the 2017 threshold was $88 million).

CanadaAntitrust/Competition Law
Adam Kalbfleisch
Adam Kalbfleisch
Kyle Donnelly
Kyle Donnelly
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On February 9, 2018, the Competition Bureau announced the 2018 size of transaction pre-merger notification threshold under the Competition Act would increase to $92 million (the 2017 threshold was $88 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. The 2018 threshold came into effect immediately following publication in the Canada Gazette Part 1, which occurred on February 10, 2018.

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