Just months after obtaining a record C$38.9-million penalty in the first fully contested drip pricing case in Canada, the Competition Bureau has initiated a new drip pricing case against Canada’s Wonderland Company, the...more
5/15/2025
/ Advertising ,
Antitrust Provisions ,
Antitrust Violations ,
Canada ,
Canadian Competition Act ,
Compliance ,
Consumer Protection Laws ,
Enforcement Actions ,
Fees ,
Misrepresentation ,
Penalties
Canada’s Competition Tribunal (Tribunal) recently released its reasons in the first contested case to apply the amended misleading representations provisions of the Competition Act (Act). The Tribunal’s decision assessed...more
Following the Canadian Competition Bureau’s 2023 Retail Grocery Market Study in which it recommended that provincial and territorial governments take measures to limit property controls in the grocery industry, including...more
8/20/2024
/ Abuse of Dominance ,
Anti-Competitive ,
Canada ,
Commercial Leases ,
Competition ,
Competition Act ,
Enforcement ,
Landlords ,
Restrictive Covenants ,
Shopping Centers ,
Tenants
With royal assent to Bill C-56, The Affordable Housing and Groceries Act, occurring on December 15, 2023, important changes to Canada’s competition law framework came into force.
The amendments that came into effect...more
Davies’ Canadian Mergers & Acquisitions guide draws on our substantial cross-border M&A experience to offer guidance on both the legal framework and practical aspects of Canadian mergers and acquisitions, including critical...more
10/11/2023
/ Anti-Avoidance ,
Business Judgment Rule ,
Canada ,
Change of Control ,
Competition Act ,
CRTC ,
Directors ,
Disclosure Requirements ,
Fiduciary Duty ,
Financing ,
Foreign Private Issuers ,
Hostile Offers ,
Insider Trading ,
Investment Banks ,
Investment Company Act of 1940 ,
Minority Shareholders ,
Ontario Securities Commission (OSC) ,
Public Disclosure ,
Purchase Agreement ,
Regulatory Requirements ,
Related Parties ,
Reorganizations ,
Restructuring ,
Safe Harbors ,
Scheme of Arrangement ,
Securities ,
Securities Regulation ,
Share Sale and Purchase Agreements (SPAs) ,
Shareholders ,
Substantive Rule ,
Takeover Bids ,
Target Company ,
Valuation
The Minister of Finance recently introduced Bill C-56 to implement certain proposals announced by the Prime Minister designed to lower prices and “make life more affordable” for Canadians. The bill provides details of the...more
9/29/2023
/ Abuse of Dominance ,
Anticompetitive Behavior ,
Canada ,
Collaboration ,
Competition ,
Competition Act ,
Innovation ,
Mergers ,
Prime Minister ,
Proposed Amendments ,
Restrictive Covenants ,
Tribunals
In a recent press release, Canada’s Prime Minister announced a “first set” of proposed changes to the Competition Act, with additional “comprehensive legislative reforms” to follow in the coming months. While the federal...more
Canada’s Commissioner of Competition filed an application under the deceptive marketing provisions of the Competition Act (Act) on May 18, 2023, alleging that Cineplex Inc. is making false or misleading representations to the...more
The Canadian government has proposed legislation to update and reinforce its national security review process under the Investment Canada Act (ICA). The proposed changes contained in Bill C-34, National Security Review of...more
The Canadian government recently released the 2021-2022 Annual Report covering non-cultural foreign investment reviews under the Investment Canada Act (ICA) from April 1, 2021 through March 31, 2022. Given the government’s...more
Canada’s federal Minister of Innovation, Science and Industry formally announced on November 17, 2022 that the federal government is launching a comprehensive review of the Competition Act (Act) and Canadian competition...more
11/25/2022
/ Abuse of Dominance ,
Amended Rules ,
Canada ,
Collusion ,
Competition ,
Competition Act ,
Deceptive Intent ,
Enforcement ,
Fraudulent Marketing ,
Notification Requirements ,
Popular
The Canadian government announced a new policy on October 28, 2022 (the Policy) under the Investment Canada Act (ICA) governing investments by state-owned enterprises (SOEs) in Canada’s critical minerals sector....more
Significant amendments to Canada’s Competition Act (Act) were enacted on June 23, 2022, with the passing of the federal government’s 2022 budget implementation legislation.
The amendments foreshadow more aggressive...more
6/26/2022
/ Abuse of Dominance ,
Amended Legislation ,
Anti-Avoidance ,
Canadian Competition Act ,
Cartels ,
Compliance ,
Enforcement Actions ,
Human Resources Professionals ,
Misleading Impressions ,
No-Poaching ,
Penalties ,
Tribunals ,
Wage-Fixing
The past year generated substantial interest in the operation of the Investment Canada Act (ICA), especially the national security review process, against the backdrop of changes in government policy that purport to...more
As we look ahead to the trends and issues likely to be at the forefront of Canadian competition law policy and enforcement in 2022, it is clear that discussion of significant potential legislative reforms will be an important...more
2/15/2022
/ Anticompetitive Agreements ,
Anticompetitive Behavior ,
Canada ,
Collaboration ,
Competition ,
Competition Authorities ,
Coronavirus/COVID-19 ,
Corporate Counsel ,
Digital Currency ,
Digital Marketplace ,
Enforcement Actions ,
Mergers ,
Prime Minister ,
Standard of Conduct ,
Tribunals ,
Wage-Fixing
After operating in Canada for five years, China Mobile International (Canada) Inc. (CMI) was ordered by the Canadian government in August 2021 to shut down or divest its Canadian operations because of national security...more
12/20/2021
/ Acquisitions ,
Canada ,
China ,
Corporate Counsel ,
Foreign Investment ,
Investment Canada Act ,
Mergers ,
Motion To Stay ,
National Security ,
Networks ,
Telecommunications
Types of M&A Transactions –
– Takeover bids (like a U.S. tender offer)
– Plans of arrangement
– Amalgamations (like a U.S. merger)
– Asset sales
– Share sales (e.g., private purchase of control block)
–...more
11/5/2021
/ Acquisition Agreements ,
Canada ,
Corporate Sales Transactions ,
Cross-Border Transactions ,
Foreign Investment ,
Foreign Investment Entities (FIEs) ,
Foreign Ownership ,
Investment Banks ,
Merger Agreements ,
Plan of Arrangement ,
Takeover Bids ,
Tax Liability