Canada maintains Competition Act’s merger notification threshold to support a dynamic, fair and resilient economy

Today, the Honourable François-Philippe Champagne, Minister of Innovation, Science and Industry, announced that he is not increasing the transaction-size threshold for the advance notification of mergers for 2022.

The threshold remains at its 2021 level of $93 million.

This decision not only recognizes the growth of the Canadian economy over the last year but also takes into consideration the ongoing pressures the economy continues to face, including rising inflation.

This decision gives the Competition Bureau a greater field of view in its efforts to detect potentially harmful transactions, ensure that they are properly reviewed before taking hold in the marketplace, and help protect Canadian consumers and businesses.