Tag archives: CETA

Investment Canada Act update: new thresholds and national security in the news

By Rowan Weaver and Kevin Ackhurst (Toronto) on July 18, 2017 Posted in Antitrust, competition and regulatory, M&A

Threshold now $1 billion As a result of recent amendments, most direct acquisitions of control of a Canadian company now only require prior approval of the Minister of Innovation, Science and Economic Development under the Investment Canada Act if the enterprise value of the Canadian business exceeds $1 billion. That is expected to reduce the … Continue reading

2017 merger review thresholds for Competition Act and Investment Canada Act

By Kevin Ackhurst (Toronto) on March 3, 2017 Posted in Antitrust, competition and regulatory, M&A

The threshold for certain pre-closing net benefit reviews under the Investment Canada Act (ICA) and the threshold for a pre-closing merger notification under the Competition Act have been increased for 2017. Competition Act Canada uses a two part test for determining whether a pre-merger notification is necessary. The two-part test is based on the size … Continue reading