This guide is intended to outline the principal legal considerations pertinent to the acquisition of a Canadian

business. The information is based on the assumption that the reader is a non-resident of Canada. With few exceptions, the same considerations apply where all of the parties are based in Canada.

This guide addresses a myriad of mergers and acquisitions issues, including:

1. securities law requirements;

2. tax considerations;

3. competition (antitrust) law requirements;

4. foreign investment requirements under the Investment Canada Act;

5. labour relations and employment considerations; and

6. pensions and benefits.

The contents and comments contained in this guide are for general information purposes only. This guide is not intended as a substitute for specific legal advice and should not be relied upon with respect to any particular transaction or circumstance. The information is provided as of the date set out below, and thus

the reader is cautioned that changes or developments in the law, or its interpretation, may have occurred since that time.

If you are interested in buying or selling a Canadian business, Fraser Milner Casgrain LLP would be pleased to assist with your transaction. As a full-service business law firm with offices in all of Canada’s major business centres, an in-depth understanding of each of Canada’s leading industries and a pragmatic approach

dedicated to timely client service, we are uniquely positioned to provide the legal and business advice you need to make your transaction a success.