Amendments to the Competition Act – Bill C-59 and its impact on “Greenwashing”
Overview On June 20, 2024, the Federal Government passed Bill C-59, known as the Fall Economic Statement Implementation Act, 2023 (the “Bill C-59”)[1], amending certain provisions set out in the Competition Act (the “Act”)[2]. The amendments to the misleading advertising provisions […]
A new playing field: Summarizing sweeping reforms to the Canadian Competition Act
Overview On June 20, 2024, Bill C-59, known as The Fall Economic Statement Implementation Act[1], 2023, received royal assent, enacting further amendments to Canada’s Competition Act (the “Act”). Over the last two years, the Act has been substantially reformed through […]
Canada prohibits no poaching and wage-fixing agreements
On June 23, 2022, the Competition Act (the “Act”) was amended as a result of the Budget Implementation Act, 2022 (the “Amendments”). Some of the changes to the Act are not in effect yet, thus giving firms precious time to […]
Drip pricing practices prohibited under Canada’s Competition Act
As a result of the June 23, 2022 amendments (the “Amendments”) to the Canadian Competition Act (the “Act”), drip pricing is now expressly recognized as a deceptive marketing practice and prohibited under the civil (subsection 74.01(1.1)) and criminal (subsection 52(1.3)) provisions […]
National security provisions of the Investment Canada Act amended to create voluntary filing option
As of August 2, 2022, the national security provisions of the Investment Canada Act (the “Act”) allow foreign investors who do not have a filing obligation under the Act to receive regulatory certainty that the transaction, as it pertains to […]
Competition Act amendments: A move to retrofit, modernize
The Lawyers Daily
Eric Dufour and Reema Mahbubani discuss the most recent amendments of the Canadian Competition Act in their article published in The Lawyers Daily. Effective June 23, 2022, sweeping and substantial changes to the Canadian Competition Act (the Act) came into […]
First round of significant and expansive amendments to the Competition Act in effect
On June 23, 2022, the first round of significant and expansive amendments to the Competition Act (the “Act”) came into effect (the “2022 Amendments”). The 2022 Amendments, together with amendments that are expected to come into effect next year on June 23, 2023 (the “2023 Amendments” and […]
International working group launched to share intelligence on potentially anticompetitive conduct impacting global and domestic supply chains
The Canadian Competition Bureau (the “Bureau”) and its Five Eyes counterparts have formed an international working group to share intelligence on potentially anticompetitive conduct impacting global and domestic supply chains in Canada, the United States, the United Kingdom, New Zealand […]
Federal government announces new policy for investments with Russian ties
The Honourable François-Philippe Champagne, Minister of Innovation, Science and Industry has issued a policy statement indicating that: any proposed investment by direct or indirect Russian investors, where “net benefit” clearance is required under the Investment Canada Act (the “ICA”) will […]
2022 merger review thresholds
Highlights The 2022 merger review thresholds under the Competition Act (the “CA”) and the Investment Canada Act (the “ICA”) (collectively, the “Thresholds”) are now in full effect until the next annual adjustment. The Thresholds assist in determining whether a proposed […]
