Nathaniel Erskine-Smith at the Industry, Science and Technology Committee

On April 13th, 2021. See this statement in context.

April 13th, 2021 / 12:50 p.m.

Liberal

Nathaniel Erskine-Smith Liberal Beaches—East York, ON

That's okay.

With respect to mergers and acquisitions, from speaking with some counsel, my understanding is that M and A transactions in Canada.... The competition commissioner confirmed for us at his last attendance that there's a statutory bar after one year. I understand that the FTC is looking at reviewing M and A transactions going back six and eight years.

Do you think that kind of misalignment is a problem and we should maybe look to update that?

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