Significant Changes Proposed to the Competition Act and the Investment Canada Act
|Area||Mergers and Acquisitions, Competition, Antitrust and Foreign Investment|
In a move that took many by surprise, the Canadian Government last week proposed significant changes to the country’s competition law and foreign investment review process. These measures were introduced as part of the Government’s budget implementation legislation, and accordingly, will be considered as part of the Government’s economic stimulus package. If passed, these measures will substantially re-make the Canadian regime in the image of U.S. antitrust law.
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