Abuse of dominance, Canada, Collusion, Digital competition, Digital economy, Digital markets, Joint ventures, Merger control, Pricing

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On November 17, 2022, Canada’s federal Minister of Innovation, Science and Industry formally announced that the federal government is launching a comprehensive review of the Competition Act (Act) and Canadian competition policy. This announcement follows through on the Minister’s previous indications that significant reforms were in the works, and comes after the government enacted more…

Canada, Foreign investment, State owned enterprise (SOE)

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The Canadian government announced a new policy on October 28, 2022 (the Policy) under the Investment Canada Act (ICA) governing investments by state-owned enterprises (SOEs) in Canada’s critical minerals sector. The government followed the issuance of the Policy with an announcement on November 2, 2022, that it had ordered three Chinese investors to divest their…

Canada, Green Deal, Guidelines, Mergers, Sustainability

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In its first in-person event in more than two years, Canada’s Competition Bureau (the “Bureau”) hosted a summit on September 20, 2022, exploring the intersection between competition law and environmental/sustainability initiatives (details on the Competition and Green Growth Summit are available here). In doing so, the Bureau joins other agencies that have examined the impact…

Canada, Labour market, No-poach-agreement

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Competition authorities globally continue to focus attention on potential anticompetitive conduct affecting labour markets, with a particular emphasis on “wage-fixing” and “no-poaching” agreements. Although Canada was somewhat late in addressing this issue, the federal government has now passed amendments to the Canadian Competition Act that criminalize wage-fixing and no-poaching agreements between parties. In enacting this…

Aviation, Canada, Foreign direct investment

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The discussion of foreign investment law in Canada usually centres around the net benefit and national security review provisions of the Investment Canada Act (ICA). However, foreign investors must also be aware of different sector-specific laws in Canada that impose limits on foreign ownership of businesses in those sectors, including whether they exercise “control in…

Abuse of dominance, Canada, Cartels, Competition law, Merger control

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In February 2022, Canada’s Minister of Innovation, Science and Economic Development announced that the Canadian government was evaluating ways to improve the operation of Canada’s Competition Act (Act). The Minister said that changes would be made in multiple stages, with some initial amendments to be proposed in the following months that would have “an immediate…

Canada, Foreign direct investment, Foreign investment, Russia

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On March 8, 2022, the government of Canada issued a policy statement regarding the review of Russian investments under the Investment Canada Act (ICA): https://www.ic.gc.ca/eic/site/ica-lic.nsf/eng/lk81228.html. The policy statement was issued in response to Russia’s invasion of Ukraine, which the government called “unprovoked and unjustifiable”, and affects the application of both the ICA’s “net benefit” review…

Canada, Foreign direct investment

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The past year generated substantial interest in the operation of Canada’s principal legislation governing the review of foreign investments, the Investment Canada Act (“ICA”). In particular, attention was focused on the ICA’s national security review process, which authorizes the Canadian government to block investments by non-Canadians that would be “injurious” to Canada’s national security. We…

Canada, Competition Law 2021

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The past year in Canada saw the Commissioner of Competition, Matthew Boswell (the “Commissioner”), launch a concerted campaign to reform Canadian competition law and policy. The Commissioner’s view is that competition law should play a central role in facilitating the recovery of the Canadian economy following the COVID-19 pandemic, but that the current version of…

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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…