WELL Health and HEALWELL Announce Competition Bureau Has Concluded Its Merger Review and Issued a No Action Letter
The Competition Bureau has concluded its review of WELL Health's acquisition of a controlling interest in HEALWELL AI, issuing a No Action Letter dated October 22, 2026. The letter confirms the Commissioner does not currently intend to challenge the transaction under section 92 of the Competition Act, including HEALWELL's concurrent acquisition of Orion Health. The Bureau had obtained a Federal Court records-production order in December 2025, and both companies cooperated fully with the review.
Key figures
- Clinics owned
- 275
- Transaction closed
- April 1, 2025
- Annual patient visits
- more than 5 million
- No action letter date
- October 22, 2026
AI analysis
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