Aspects of the Canadian merger notification thresholds under the Competition Act and the foreign investment review thresholds under the Investment Canada Act are updated on a yearly basis. For 2016, the Canadian federal government has announced that the pre-merger notification “transaction-size” threshold under the Competition Act, as well as the pre-merger review threshold under the Investment Canada Act for acquisitions involving Canadian businesses by WTO-member state-owned enterprises have increased.
The Competition Bureau announced that the pre-merger notification “transaction-size” threshold for 2016 has increased to CAD $87 million, from the 2015 threshold of CAD $ 86 million.
SUBRATA BHATTACHARJEE and ZIRJAN DERWA – Mondaq – March 03, 2016.
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