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
Direct acquisitions of control of a Canadian business by investors controlled from WTO member countries (WTO investors) that are not SOEs and not trade agreement investors will generally be subject to pre-closing review where the enterprise value of the Canadian business exceeds C$1.287 billion (up from C$1.141 billion in 2022).
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