Canada Transportation Act Merger Review

Summary

This practice note discusses the types of transactions that are subject to notification under the Canada Transportation Act, S.C. 1996, c. 10 ("CTA"), and outlines the CTA merger review process. It looks at the scope and threshold requirements of the CTA to notify both the Commissioner of Competition and the Minister of Transport of a proposed transaction that involves a transportation undertaking. It then examines factors that may be considered in determining how transactions involving transportation undertaking impact the public interest including economic, environmental, security, safety and social factors. Finally, the practice note discusses sanctions should a party close a transaction prior to obtaining the necessary approvals, or if they contravene the transportation arrangement review provisions.