Tag archives: net benefit

New merger review thresholds for Competition Act and Investment Canada Act

Photo of Kevin Ackhurst (Toronto)By Kevin Ackhurst (Toronto) on Posted in Antitrust, competition and regulatory
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 2016. 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

Amendments to Investment Canada Act intended to increase transparency

Photo of Kevin Ackhurst (Toronto)By Kevin Ackhurst (Toronto) on Posted in Antitrust, competition and regulatory
On April 27, 2012, the federal government announced it would amend the Investment Canada Act to allow the Minister of Industry greater flexibility in explaining why a proposed foreign takeover of a Canadian business raises preliminary concerns.  The amendments, contained in the government’s annual budget bill, will also empower the Minister to accept offers of security … Continue reading
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