Canada: Merger notification thresholds increased

By CPI | 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.

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.