Federal Government Releases Proposed Bill relating to Fall Economic Statement – including Significant Competition Act Amendments
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Revised text of Bill C-56 Released
On November 27, 2023, the Federal Government passed a Notice of Ways and Means Motion to introduce a bill entitled An Act to implement certain provisions of the fall economic statement tabled in Parliament on November 21, 2023 and certain provisions of the budget tabled in Parliament on March 28, 2023, which was tabled on November 30, 2023 as Bill C-59 (the “Bill”). The Bill proposes amendments that implement some of the goals discussed in the 2023 Fall Economic Statement to strengthen competition in Canada (as discussed in our previous blog post).