Some Things Change, Some Things Stay the Same: 2023 Investment Canada Act Thresholds Increase, Competition Act Thresholds Remain the Same
Deal Law Wire
FEBRUARY 13, 2023
The threshold for certain pre-closing net benefit reviews under the Investment Canada Act (ICA) and the threshold for a pre-closing merger notification under the Competition Act have been updated for 2023. The threshold for an indirect acquisition of control is C$50 million in asset value ($5 million in certain instances).
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