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ARTICLE · 25 JANUARY 2007

Update On Bill C-11

Bill C-11 An Act to Amend the Canada Transportation Act and the Railway Safety Act and to make consequential amendments to other Acts, received second reading in Parliament and was referred to committee.

CanadaTransport

Bill C-11

, An Act to Amend the Canada Transportation Act and the Railway Safety Act and to make consequential amendments to other Acts, received second reading in Parliament and was referred to committee.

As reported in the July, 2006 edition of The Competitor, Bill C-11 would require the notification of acquisitions of all "transportation undertakings" to the Minister of Transport, by sending a copy of the notification to the Minister (and, in the case of airlines, to the Canada Transportation Agency) at the same time that it is submitted to the Commissioner of Competition. The Minister will then have 42 days to decide whether to commence an inquiry by the Agency or another person into whether the acquisition is in the "public interest."

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