Following several years of lively public discussion, two high-profile consultations and the introduction of several “interim amendments” to the Competition Act in 2022,1 the federal government has now tabled two new bills Bill C-56 and Bill C-59 which, together, would introduce the most significant reforms to Canadian competition policy in several decades.
The federal government has announced it will delay plans to launch the Canada Innovation Corporation (CIC) until after the next scheduled federal election.