1 Relevant Authorities and Legislation -
1.1 What regulates M&A?
The acquisition of a Canadian public issuer is largely regulated by, but not limited to, the following:
■ securities laws enacted by each of Canada’s 13 provinces and territories, with the laws being substantially harmonised across the country;
■ governing corporate or partnership statute, or if the entity is a trust, its trust indenture;
■ stock exchange rules;
■ competition and antitrust legislation;
■ foreign investment legislation (see our response to question 1.3 below);
■ industry-specific legislation, including special rules for foreign ownership (see our response to question 1.4 below); and
■ tax laws, which are often a key driver of M&A transaction structuring.
Originally Published in the ICLG – Mergers & Acquisitions - 2024.
Please see full publication below for more information.
