Competition Bureau

Important acquisition in the Maritimes for Harnois Énergies

Retrieved on: 
Wednesday, March 1, 2023
Competition Bureau, Brian Wilson (systems scientist), Acquisition, Sale, Esso, Alimentation Couche-Tard, Management, The Maritimes, QC

This acquisition includes 52 sites (34 corporate stations and 18 affiliated stations) across 4 provinces: Nova Scotia, New Brunswick, Prince Edward Island and Newfoundland and Labrador.

Key Points: 
  • This acquisition includes 52 sites (34 corporate stations and 18 affiliated stations) across 4 provinces: Nova Scotia, New Brunswick, Prince Edward Island and Newfoundland and Labrador.
  • "We are very pleased with this acquisition in the Maritimes.
  • The addition of this strong network allows Harnois Energies to consolidate its leadership position in the market and to expand its presence in Atlantic Canada.
  • We are looking forward to welcoming those new employees to our great family" explains Serge Harnois, President and CEO of Harnois Energies.

The College of Immigration and Citizenship Consultants participates in Fraud Prevention Month 2023 #FPM2023

Retrieved on: 
Wednesday, March 1, 2023
Lawyer, Refugee, Competition Bureau, Canadian Anti-Fraud Centre, The Royal Canadian Mounted Police in Quebec, App Store (iOS/iPadOS), Fraud, Social media, Public, Competition, College of Immigration and Citizenship Consultants, Partnership, Consumer, Consultant, Online shopping, Nursing, College

Each March, the College raises awareness about the risks of immigration fraud and where to find publicly available College tools to help prevent fraud.

Key Points: 
  • Each March, the College raises awareness about the risks of immigration fraud and where to find publicly available College tools to help prevent fraud.
  • This year, the College is proud to participate in its 10th annual Fraud Prevention Month campaign.
  • During Fraud Prevention Month, the College’s awareness campaign aims to inform those in Canada and abroad about the risks of working with unauthorized practitioners who impersonate immigration consultants to assist with immigration applications.
  • Fraud Prevention Month is an important opportunity to help potential newcomers understand the warning signs to recognize, reject, and report fraud.

Quick easy money? Sometimes it's a quick easy LIE

Retrieved on: 
Wednesday, March 1, 2023
Crypto, Investment Industry Regulatory Organization of Canada, Knowledge, Social media, Love, Family, Better Business Bureau, Thought, Risk, Canadian Securities Administrators, Bank, Canadian Anti-Fraud Centre, Cryptocurrency, Competition Bureau, Friends, QC, Competition, Fraud

It's possible that the promise of a way to make quick, easy money is just an easy way to separate you from your money.

Key Points: 
  • It's possible that the promise of a way to make quick, easy money is just an easy way to separate you from your money.
  • According to the Canadian Anti-Fraud Centre, Canadians reported losses of $308.6M to investment fraud in 2022 compared to $164M in 2021.
  • Investment fraud, including cryptocurrency fraud, takes many forms, but they all have one thing in common – the big lie that you can make tons of fast cash!
  • If you believe you have been misled or think you've seen a cryptocurrency investment fraud, report it to the Competition Bureau .

Epiq Formalizes Global Investigations Practice Group under Leadership of Erin Toomey

Retrieved on: 
Wednesday, March 1, 2023
Cloud, Department of Defence, Second request, Competition Bureau, Intelligence, Fair Trade Commission (Japan), Australian Competition & Consumer Commission, Federal Communications Commission, Justice, Warner Bros. Discovery EMEA, Security (finance), AI, Growth, Federal Trade Commission, U.S. Department of Justice Office of Legislative Affairs, Government, Office of Inspector General, U.S. Department of Health and Human Services, Competitive service, Financial Conduct Authority, European Commission, Competition, Global Investigative Journalism Network, Private law, Management, Cryptocurrency, Roger-Pol Droit

NEW YORK, March 01, 2023 (GLOBE NEWSWIRE) -- Epiq, a global technology-enabled services leader to the legal industry and corporations, has formalized an expanded Global Investigations Practice Group , applying its proven dedicated team of experts model which led to its industry-leading position for antitrust services.

Key Points: 
  • NEW YORK, March 01, 2023 (GLOBE NEWSWIRE) -- Epiq, a global technology-enabled services leader to the legal industry and corporations, has formalized an expanded Global Investigations Practice Group , applying its proven dedicated team of experts model which led to its industry-leading position for antitrust services.
  • Epiq previously formalized its practice group for Antitrust and Competition Services in 2021 under centralized leadership, driving even more successful outcomes for Epiq clients and increasing demand for Epiq work in this area.
  • Since then, Epiq has also seen significant growth in adjacent practice areas relating to internal and government investigations, as well as enforcement actions brought by global regulators.
  • Epiq Vice President Erin Toomey will serve as the new Global Investigations Practice Group’s Managing Director and lead a cross-functional team across eDiscovery, analytics, and managed review disciplines throughout the United States, Canada, Asia, and Europe.

Domtar Announces Sale of Dryden Mill

Retrieved on: 
Tuesday, February 28, 2023
Packaging, Other Natural Resources, Forest Products, Manufacturing, Natural Resources, Other Manufacturing, Commissioner, McCarthy, McMillan LLP, Wachtell, Lipton, Rosen & Katz, Corporation, LLP, BMO Capital Markets, Acquisition, Paper and pulp industry in Dryden, Ontario, First Quality, Multimedia, Competition Bureau, Competition, Sale, McMillan, Hoskin, Retail, Domtar, John Dryden

Domtar Corporation, a part of the Paper Excellence Group, and First Quality Enterprises, Inc. today announced that they have entered into an agreement to sell Domtar’s Dryden pulp mill to First Quality.

Key Points: 
  • Domtar Corporation, a part of the Paper Excellence Group, and First Quality Enterprises, Inc. today announced that they have entered into an agreement to sell Domtar’s Dryden pulp mill to First Quality.
  • The sale of the Dryden Mill is a requirement under the consent agreement between Domtar and the Canadian Competition Bureau in connection with its review of Domtar’s planned acquisition of Resolute.
  • The sale is subject to regulatory conditions, including approval by the Commissioner of Competition and clearance under the Hart-Scott-Rodino Act.
  • BMO Capital Markets is acting as exclusive financial advisor to Domtar, and McCarthy Tétrault LLP, and McMillan LLP are acting as legal advisors.

Fraud Prevention Month 2023: Fraud losses in Canada reach another historic level

Retrieved on: 
Monday, February 27, 2023
Marketing, RCMP, ID, Crime, SIN, CAFC, BETA, Competition Bureau, System, Competition, Ontario Provincial Police, NC3, Fraud, Private investigator, Pharmaceutical industry, Cryptocurrency

In 2022, the CAFC received a total of 70,878 reports and 37,047 of these reports were victims of mass marketing fraud .

Key Points: 
  • In 2022, the CAFC received a total of 70,878 reports and 37,047 of these reports were victims of mass marketing fraud .
  • The 2022 top three frauds with the highest levels of reported victim losses were investment scams, particularly cryptocurrency fraud, romance scams, and spear phishing.
  • During this Fraud Prevention Month, I encourage everyone to take time to learn the signs of a scam or fraud, know how to report it and share this information with the people around you.
  • This Fraud Prevention Month, the Competition Bureau will help Canadians recognize, reject and report online deceptive marketing practices used by scammers to entrap victims and perpetrate fraud. ''

Competition Bureau reaches agreement with Sika AG to preserve competition in Canada's admixture systems market

Retrieved on: 
Wednesday, February 22, 2023
Australian Competition & Consumer Commission, European Commission, Commissioner, Sika AG, Bureau, Competition and Markets Authority, Competition, Acquisition, Civil service commission, DOJ, Competition Tribunal, Sale, Research, Commerce Commission, Admixture, Competition Bureau, Communication, Ready-mix concrete, EEA, QC

GATINEAU, QC, Feb. 22, 2023 /CNW/ - The Competition Bureau has entered into a consent agreement with Sika AG to address competition concerns with its acquisition of MBCC Group.

Key Points: 
  • GATINEAU, QC, Feb. 22, 2023 /CNW/ - The Competition Bureau has entered into a consent agreement with Sika AG to address competition concerns with its acquisition of MBCC Group.
  • A Bureau review concluded that the proposed transaction would likely lessen competition substantially in the supply of admixture systems in Canada.
  • In particular, it would provide Sika AG with increased market power in Canada.
  • As part of a broader international remedy, Sika AG will also sell MBCC Group's admixture systems businesses in Europe (EEA, UK and Switzerland), and MBCC Group's admixture systems and construction systems businesses in Australia and New Zealand.

Competition Bureau obtains court order to advance an investigation of competition in the Quebec real estate services market

Retrieved on: 
Monday, February 20, 2023
Record, MLS, Competition Tribunal, Competition Act, Federal court, Estate agent, Competition Bureau, Federal Court of Canada, Property management, Real estate, Bureau, QC

GATINEAU, QC, Feb. 20, 2023 /CNW/ - The Competition Bureau has obtained a court order to advance an investigation into conduct by the Quebec Professional Association for Real Estate Brokers (QPAREB) and its subsidiary, Société Centris, related to real estate data sharing restrictions.

Key Points: 
  • GATINEAU, QC, Feb. 20, 2023 /CNW/ - The Competition Bureau has obtained a court order to advance an investigation into conduct by the Quebec Professional Association for Real Estate Brokers (QPAREB) and its subsidiary, Société Centris, related to real estate data sharing restrictions.
  • Quebec real estate brokers use the MLS as part of their brokerage services.
  • The Bureau is investigating whether the QPAREB has engaged in certain practices that harm competition in the real estate brokerage services market or that prevent the development of innovative online brokerage services in Quebec.
  • In 2016, the Competition Tribunal ruled in favour of the Bureau in its case against the Toronto Real Estate Board relating to anti-competitive conduct that restricted real estate brokers' and consumers' access to historical home sales data and novel real estate services.

Statement from the Commissioner of Competition on the Federal Court of Appeal's decision regarding the Rogers-Shaw merger

Retrieved on: 
Wednesday, January 25, 2023
Bureau, Federal Court of Appeal, Commissioner, Federal court, Competition, Tribunal, Competition Bureau, Competition Tribunal, Shaw, Hearing, Acquisition, Rogers, QC

"We are truly disappointed that the Federal Court of Appeal has dismissed our appeal of the Competition Tribunal's decision in Rogers-Shaw.

Key Points: 
  • "We are truly disappointed that the Federal Court of Appeal has dismissed our appeal of the Competition Tribunal's decision in Rogers-Shaw.
  • "Although today's developments are discouraging, we stand by the findings of our investigation and the decision to challenge the merger.
  • The Bureau filed a notice of appeal with the Federal Court of Appeal regarding the Tribunal's pending decision on December 30, 2022.
  • On January 24, 2023, the Federal Court of Appeal heard and ultimately dismissed the appeal.

Rogers-Shaw merger: TekSavvy challenges wholesale deal with Vidéotron, says CRTC ruling required before Minister's final decision

Retrieved on: 
Thursday, January 19, 2023
Freedom, Competition Tribunal, Competition Bureau, Heart, Telecommunication, Internet service provider, ISP, Bell, Federation, Telecommunications Act of 1996, Economics, History, Commissioner, Competition, CRTC, Shaw, Tribunal, TPIA, Freedom Mobile, Acquisition, Telecommunications Act, TekSavvy, Distributel, VMedia

The CRTC sets wholesale rates paid by ISPs who lease access to large carrier networks.

Key Points: 
  • The CRTC sets wholesale rates paid by ISPs who lease access to large carrier networks.
  • The wholesale arrangements between Rogers and Vidéotron were a key factor in the Competition Tribunal's Dec. 31 decision to allow the Rogers-Shaw merger.
  • "The CRTC has exclusive jurisdiction over this matter, and it must render its decision before the Minister makes his final decision on the merger."
  • TekSavvy's application requests that the CRTC also investigate whether Bell is providing unduly preferential wholesale arrangements to its recently acquired ISPs.