December 1, 2021 – GATINEAU, QC – Competition Bureau
To protect competition for customers of industrial waste services (IWS) and oil recycling services (ORS) in Western Canada, the Competition Bureau is challenging GFL Environmental Inc.’s recent purchase of Terrapure Environmental Inc.
Prior to the transaction, Terrapure was GFL’s closest competitor in many IWS and ORS markets in Western Canada. A Bureau review found that the elimination of this rivalry is likely to result in increased prices and reduced service quality for customers.
The Bureau concluded that the transaction has likely substantially lessened competition in the collection and processing of industrial waste on Vancouver Island, in the British Columbia Interior and in Central Alberta.
The Bureau also determined that the transaction is likely to cause a substantial lessening of competition in the provision of ORS in eight regions across British Columbia, Alberta and Saskatchewan.
As such, on November 30, 2021, the Bureau filed an application with the Competition Tribunal for a court order requiring GFL to sell any assets necessary to remedy the likely substantial lessening of competition resulting from the acquisition.
The complete agreement will be available on the website of the Competition Tribunal shortly.