Reappointment to ensure continued efforts to reinforce competition in the Canadian economy Ottawa – François-Philippe Champagne, Minister of Innovation, Science and Industry, announced the reappointment of Matthew Boswell as Commissioner of Competition for a two-year term, effective February 27, 2024. Matthew Boswell has been leading the Competition Bureau in its efforts to reinforce competition in Canada’s economy since 2019. In 2022, …
Ottawa – Chrystia Freeland, Deputy Prime Minister and Minister of Finance, pursuant to her authorities under the Bank Act, approved the sale of HSBC Bank Canada (HSBC) to Royal Bank of Canada (RBC), subject to strict terms and conditions imposed on RBC. RBC’s proposed acquisition followed HSBC Global’s November 2022 announcement of its exit from the Canadian market, which is part of …
Ottawa – Deputy prime Minister Chrystia Freeland has said: “Mr. Chair, it is my pleasure to appear before you and Members of the committee to discuss Bill C-56, the Affordable Housing and Groceries Act. This legislation is part of our government’s economic plan, which is about building an economy that works for everyone—with good jobs that people can count on. And …
New bulletin addresses legal amendments that came into force in June 2022 GATINEAU – The Competition Bureau is inviting interested parties to provide feedback on its new Bulletin on Amendments to the Abuse of Dominance Provisions. The Bulletin was developed to provide preliminary guidance on the Bureau’s approach to last year’s amendments to the Competition Act. These amendments strengthen the abuse of dominance …
GATINEAU – The Competition Bureau, alongside the U.S. Department of Justice Antitrust Division and the Federal Economic Competition Commission of Mexico, launched a joint initiative today to detect and combat anti-competitive conduct by businesses and individuals involved in providing goods and services related to the 2026 FIFA World Cup. Collaboration with American and Mexican competition authorities will allow the Bureau …
Bureau’s findings will inform the Minister of Finance’s ongoing review of the proposed merger GATINEAU – The Competition Bureau has issued its findings regarding the potential competitive effects of Royal Bank of Canada’s (RBC) proposed acquisition of HSBC Bank Canada. The Bureau’s conclusions are outlined in a report delivered to the Minister of Finance. Following a comprehensive review, the Bureau determined that …
GATINEAU – The Competition Bureau (Bureau), the Canadian Radio-television and Telecommunications Commission (CRTC), and the Office of the Privacy Commissioner of Canada (OPC) are joining forces to strengthen information sharing and collaboration on matters that relate to digital markets and platforms. Through the creation of the Canadian Digital Regulators Forum, the three agencies will exchange best practices, conduct research, and …
