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ARTICLE · 20 MARCH 2017

2017 Competition Act & Investment Canada Act Thresholds Now In Effect

Gowling WLG
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Gowling WLG

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On March 3, 2017, the Competition Bureau announced that the 2017 transaction size threshold will be $88 million, up from $87 million in 2016.

CanadaCorporate/Commercial Law

Each year, Canada's Competition Act transaction size threshold and the Investment Canada Act threshold applicable to the direct acquisition of a non-cultural Canadian business by a state-owned enterprise of a World Trade Organization member state (referred to as an SOE WTO investor) are increased in relation to the growth in Canada's GDP in the previous year.  The threshold analysis for the Competition Act and for SOE WTO investors under the Investment Canada Act is based on the value of the assets/revenues set out in the applicable entity's financial statements, not on the transaction purchase price. 

Competition Act

On March 3, 2017, the Competition Bureau announced that the 2017 transaction size threshold will be $88 million, up from $87 million in 2016.

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