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ARTICLE · 08 MARCH 2024

Storm Clouds Looming: The Impact Of Competition Act Changes On Leasing

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The Affordable Housing and Groceries Act (the "2024 Amendments") introduced changes to the Competition Act (the "Act") which should concern all landlords and tenants, not just those in the grocery industry.

CanadaAntitrust/Competition Law

The Affordable Housing and Groceries Act (the "2024 Amendments")1 introduced changes to the Competition Act (the "Act")2 which should concern all landlords and tenants, not just those in the grocery industry. The following high-level summary sets the stage for an upcoming McMillan Webinar that will dive deeper into the consequences and considerations for interpreting, negotiating and drafting leases in light of these changes.

The Act previously granted the Competition Bureau power, if the Tribunal finds an agreement or arrangement between competitors that lessens or is likely to prevent or lessen competition, to make an order to (i) prohibit any person from doing anything under the agreement or arrangement; or (ii) to require any person (with the consent of that person and the Commissioner) to take any other action.3 The new Section 90.1(1.1), which comes into effect on December 15, 2024, vastly expands this concept by granting the Tribunal power to make an order

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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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