Pre-merger Competition Bureau notification threshold to remain at $93M in 2026
News release
March 2, 2026 – GATINEAU (Québec), Competition Bureau
The pre-merger notification threshold will remain at $93 million in 2026, following a decision by the Minister of Industry.
Under the Competition Act, mergers of all sizes are subject to review by the Competition Bureau. The Bureau must generally receive advance notice of proposed transactions when:
the company being acquired’s assets in Canada, or revenues from sales in, from, or into Canada generated from those assets exceed $93 million; and
the combined assets in Canada or revenues from sales in, from, or into Canada generated from those assets of the parties and their affiliates exceed $400 million.
The Bureau reviews these notifiable transactions to determine if they are likely to prevent or lessen competition substantially.
Quick facts
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Under the merger provisions of the Competition Act, the Minister of Industry reviews the threshold annually.
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The Minister may review the threshold using the indexing mechanism set out in the Competition Act, may prescribe a different amount to be established by regulation, or may leave the threshold unchanged.
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When the threshold is not adjusted in a given year, it remains the same as the threshold in the previous year.
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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.