Government of Canada / Gouvernement du Canada
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Competition Act

Version of section 108 from 2018-05-01 to 2022-06-22:

Marginal note:Definitions

  •  (1) In this Part,

    equity interest

    equity interest means

    • (a) in the case of a corporation, a share in the corporation; and

    • (b) in the case of an entity other than a corporation, an interest that entitles the holder of that interest to receive profits of that entity or assets of that entity on its dissolution; (intérêt relatif à des capitaux propres)

    operating business

    operating business means a business undertaking in Canada to which employees employed in connection with the undertaking ordinarily report for work; (entreprise en exploitation)


    person means an entity, an individual, a trustee, an executor, an administrator or a liquidator of the succession, an administrator of the property of others or a representative, but does not include a bare trustee or a trustee responsible exclusively for preserving and transferring the property of a person; (personne)


    prescribed means prescribed by regulations made under section 124; (réglementaire)

    voting share

    voting share means any share that carries voting rights under all circumstances or by reason of an event that has occurred and is continuing. (actions comportant droit de vote)

  • Marginal note:Entities controlled by Her Majesty

    (2) For the purposes of this Part, except section 113, one entity is not affiliated with another entity by reason only of the fact that both entities are controlled by Her Majesty in right of Canada or a province, as the case may be.

  • R.S., 1985, c. 19 (2nd Supp.), s. 45
  • 1999, c. 2, s. 25
  • 2018, c. 8, s. 116

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