The Cross-Border Biotech Blog

Biotechnology, Health and Business in Canada, the United States and Worldwide

Changes to Canada’s Competition Act and Investment Canada Act Become Law

Shopping for biotech assets in Canada?  Remember that changes to Canada’s Competition Act and Investment Canada Act became law on March 12, 2009 (yesterday).  Most of the changes are immediately in force, although certain changes (such as the increased Investment Canada thresholds) will not take effect until a time fixed by the Governor in Council while others (such as the new conspiracy provisions) will take effect one year from now, on March 12, 2010. Here’s the Ogilvy Renault Bulletin with the full details (pdf).

Ogilvy Renault will be hosting seminars in Toronto (March 31st), Ottawa (April 2nd) and Montreal (April 8th) to discuss the implications of these changes.  You can get details by contacting Kevin Ackhurst.

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