Canadian Threshold for Merger Review on the Decline The Canadian Competition Bureau has announced that, effective immediately, the Competition Act’s pre-merger notification threshold relating to transaction size will decrease to $93 million from the 2020 threshold of $96 million. This threshold requires that the target business have assets in Canada or annual revenues in or…

In this article, we highlight the five most important developments and trends in Canadian competition law in 2020 and discuss what to watch for in 2021.   1. Impact of COVID-19 As in other jurisdictions, the enforcement of competition law in Canada last year was affected by the widespread social, health, and economic effects of…