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Content last updated: 31-07-2019

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  • Merger Screening

2. Establishing jurisdiction for notification of mergers

2.3 General thresholds

2.3.1 Threshold(s) for when a concentration must be notified under the general merger control regime?

Merger control filing is required when:

  • The combined assets in Canada of the undertakings concerned exceeded CAD 400,000,000 in the last financial year; or
  • The combined aggregate turnover of the undertakings concerned exceeded CAD 400,000,000 in Canada (including imports and exports) in the last financial year; and
  • The value of the target’s assets in Canada (or the merging entities in the case of mergers) exceeded CAD 92,000,000 in the last financial year; or
  • The target’s aggregate turnover in Canada (or the merging entities in the case of mergers) exceeded CAD 92,000,000 (including imports and exports) in the last financial year; and
  • The transaction must have sufficient local nexus, e.g. the transaction involves an operating business in Canada.

2.4 Other national thresholds for ex ante merger control (e.g. sector-specific rules)

2.4.1 Relevant thresholds for sector-specific or other ex ante merger control rules?

Special rules apply to transactions within the following sectors:

  • Broadcasting
  • Telecommunications
  • Financial Services
  • Transportation
  • Cultural businesses
  • Oil sand businesses
  • Uranium properties
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