Competition Bureau Canada
The Competition Bureau announced today that the filing fee for merger reviews is set to increase from $74,905.57 to $77,452.36 pursuant to a required annual adjustment set out in the Service Fees Act. The new filing fee comes into effect April 1, 2022.
The Competition Act requires that entities notify the Bureau of proposed mergers, acquisitions and other transactions that meet certain thresholds. The Bureau reviews these notifiable transactions to determine if they are likely to substantially prevent or lessen competition. The filing fee applies to entities filing a pre-merger notification and/or requesting an Advance Ruling Certificate (ARC).
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