Jan. 21, 2020 - In our annual forecast of the year ahead for Canadian competition and foreign investment review law, we evaluate how developments in 2019 will influence these areas of the law in 2020. We discuss below the main issues and trends to watch for this year. Continued Focus on Enforcement in the...
Proposed Amendment to Canada’s Competition Act to Prohibit “Unjustified” Cross-Border Price Discrimination
The 2014 federal budget includes a proposal to address concerns about what many Canadians regard as an “unjustified” price gap between U.S. and Canadian pricing for the same goods. While precise details are not yet available, the plan is to empower Canada’s Commissioner of Competition to enforce new rules against companies with “market power” that charge higher prices in Canada than in the U.S.
This article identifies the Canadian Senate’s “Canada-USA Price Gap” report published in early 2013, and the 2013 “Speech from the Throne” as precursors to the proposal. It also discusses the fears of increased uncertainty for multinationals that have been expressed in certain quarters.
Jan. 15, 2020 - The official Annual Report under the Investment Canada Act (ICA) for the fiscal year 2018-19 was released at the end of 2019. This document sets out various statistics and other noteworthy developments during that time frame (i.e., April 1, 2018 to March 31, 2019) relating to the two...