Mar. 27, 2024 - Substantial amendments to the Investment Canada Act (ICA) were enacted on March 22, 2024, with the passing of Bill C-34, the National Security Review of Investments Modernization Act. These amendments, long in the works, will come into effect on a date to be fixed by Cabinet. It...
Mark Katz Speaks to Global Competition Review About Canadian Anti-Cartel Enforcement
Following the recent sentencing of a fourth individual in a Gatineau bid-rigging cartel, Global Competition Review featured Mark Katz’s insights in an article (available to subscribers) about Canada’s treatment of conspiracy and bid-rigging offences.
“Although the penalty handed down in this case seems relatively light, especially in comparison to the penalties levelled against individuals in the US, the impact should not be downplayed or underestimated,” he said.
Mark also cautioned that the case “underscores the clear message that the Competition Bureau continues to place a high priority on sanctioning culpable individuals.”
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Mar. 13, 2024 - The Canadian government recently issued two policy statements (IDM Statements) affirming that it will enhance its scrutiny under the Investment Canada Act (ICA) of foreign investments in the Canadian Interactive Digital Media (IDM) sector. One of the statements sets out the...