Introduction

This article will examine how Canada's amended merger review regime has dealt with, and is expected to deal with transactions in the oil and gas industry in light of the amendments introduced by Bill C-10. It will argue that while the amendments have changed the procedures and form of merger notification and review, little has changed in substance. There has been remarkable continuity between the way Canadian regulatory authorities have dealt with mergers under Bill C-10 and prior. The broad national security review mechanism has not yet been used to block a transaction. Moreover, even ...