Bill C-358

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	1st Session, 37th Parliament, 49-50 Elizabeth II, 2001
	House of Commons of Canada
	BILL C-358
	An Act to amend the Competition Act (vertically integrated gasoline suppliers)
R.S., c. C-34	Her Majesty, by and with the advice and consent of the Senate and House of Commons of Canada, enacts as follows:
	*1. The Competition Act* is amended by adding the following after section 45.1:**
Vertically integrated gasoline suppliers	45.2 (1) In this section, ``vertically integrated gasoline supplier'' means a corporation that supplies gasoline at retail
	(a) whose retail sales of gasoline represent more than five percent by value of the total of all retail sales of gasoline
	(i) in Canada, or
	(ii) in a province; and
	(b) who manufactures, or is affiliated with one or more corporations that manufacture, more than twenty percent of the gasoline the supplier sells at retail.
Undue lessening of competition	(2) A supplier who is a vertically integrated gasoline supplier is deemed to lessen, unduly, competition in the supply of gasoline for the purposes of this Act.
Offence	(3) Every one who operates as a vertically integrated gasoline supplier is guilty of an indictable offence and liable to imprisonment for a term not exceeding five years or to a fine not exceeding ten million dollars or to both.
Effective date	(4) Subsection (3) applies from January 1, 2002.

BILL C-358