COMPETITION ACT- The size of transaction threshold remains unchanged at C$93-million for 2023. Historically, the size of transaction threshold has been indexed to nominal GDP; however, 2023 is the third consecutive year it has remained at C$93-million.
- The size of parties threshold remains unchanged at C$400-million.
Feb 23, 2023The CA$50 million threshold for indirect cultural acquisitions is reduced to CA$5 million when the value of the Canadian business represents
COMPETITION ACT
The size of parties threshold is based on the book value of the assets in Canada of all parties to the transaction (including their affiliates) or their gross revenues from sales in, from or into Canada. The size of transaction threshold remains unchanged at C$93-million for 2023.
Competition Act Thresholds
the parties to the transaction, together with their affiliates, have assets in Canada that exceed $400 million in aggregate value, or had gross revenues from sales in, from or into Canada that exceed $400 million.
What you need to know. The size-of-transaction threshold for merger notification under the Competition Act remains the same for a second consecutive year at $93 million for 2023. The size-of-parties threshold, which is not adjusted annually, is $400 million.
