2023 Adjustment to filing fees for Competition Bureau merger reviews will come into effect on April 1
March 31, 2023 – GATINEAU, QC – Competition Bureau
The Competition Bureau announced today that the filing fee for merger reviews is set to increase from $77,452.36 to $82,719.12 as a result of an annual adjustment set out in the Service Fees Act. The new filing fee comes into effect April 1, 2023.
The Competition Act requires that entities notify the Bureau if proposed mergers, acquisitions and other transactions 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).
Under the Service Fees Act, the Bureau’s filing fee for merger reviews is subject to an annual Consumer Price Index adjustment.
Filing fees are used by the Bureau to support its merger review mandate and meet its service standards.
- Competition Bureau Fees and Service Standards Policy for Mergers and Merger Related Matters
- Competition Bureau Fees and Service Standards Handbook for Mergers and Merger-Related Matters
- Procedures Guide for Notifiable Transactions and Advance Ruling Certificates Under the Competition Act
- 2023 pre-merger notification transaction-size threshold
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The Competition Bureau is an independent law enforcement agency that protects and promotes competition for the benefit of Canadian consumers and businesses. Competition drives lower prices and innovation while fueling economic growth.
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