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Canada: Merger notification thresholds increased

 |  February 4, 2015

The 2015 increases to the merger notification threshold under Canada’s Competition Act and the investment review threshold under the Investment Canada Act have been announced.

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    The new change includes that the “size-of-parties” test now requires that the parties to a transaction, together with their affiliates, have assets in Canada, or annual gross revenues from sales in, from or into Canada, exceeding $400 million.

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