Canada:
Fundamental Changes Made To Canadian Regulatory Legislation: What They Mean For You
17 March 2009
Davies Ward Phillips & Vineberg
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On March 12, 2009, Bill C-10, the Canadian Federal stimulus
package, received Royal Assent, thereby bringing into law sweeping
amendments to the Competition Act and the Investment
Canada Act.
Competition
Act
- new longer, costlier merger review process
- new restrictions on agreements with competitors
- new or increased fines and penalties for:
-
- agreements with competitors
- abuse of dominance
- misleading marketing practices
- greater unilateral pricing and distribution flexibility
Click here for more details on amendments to the
Competition Act and what they mean for you.
|
Investment Canada
Act
- higher general foreign investment review thresholds –
fewer general net benefit reviews
- new wide ranging power to review or block foreign investments
with national security implications
Click here for more details on amendments to the Investment
Canada Act and what they may mean for you.
|
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
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