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ARTICLE · 02 APRIL 2019

Competition Bureau Announces Increased Filing Fee For Notifiable Merger Transactions

The Competition Bureau's Merger Notification Unit announced on March 19, 2019 that the filing fee for merger notifications under the Competition Act will increase to $73,584, effective April 1, 2019

CanadaCorporate/Commercial Law

The Competition Bureau's Merger Notification Unit announced on March 19, 2019 that the filing fee for merger notifications under the Competition Act will increase to $73,584, effective April 1, 2019.

This increase marks the first annual adjustment since the merger filing fee was raised from C$50,000 to C$72,000 on May 1, 2018. Prior to last year's increase, the filing fee had remained fixed at C$50,000 since 2003. As a result of section 17 of Canada's Service Fees Act, SC 2017, government service fees (including the Bureau's merger filing fee) are now adjusted annually in line with the change in the Consumer Price Index for Canada.

Advance notification of mergers, acquisitions or other transactions is required under the Competition Act where certain size-of-transaction and size-of-parties thresholds are met, as well as some additional requirements in the case of particular transaction types (such as a shareholding threshold in the case of share acquisitions). For

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