Based on anti-competition regulations, the Canadian Competition Tribunal on Tuesday orderd Tervita to sell its Babkirk hazardous waste landfill site.
Tevirta, formerly known as CCS Corporation, originally acquired the site last year through its purchase from Complete Environmental Inc., whose primary asset was a permit for a hazardous waste landfill.
The ruling alleges that the transaction would lead to a substantial prevention of competition in the market for the disposal of hazardous waste within Northeastern British Columbia.
"Today's ruling sends a clear message to companies who seek to eliminate competitive threats through acquisition," said Melanie Aitken, Commissioner of Competition. "The Bureau has prevented a multi-billion dollar company from entrenching its monopoly for hazardous waste disposal in Northeastern British Columbia."
In addition to the Babkirk landfill, Tervita also owns both of the other landfills in the region.
"While we are disappointed in the decision reached by the tribunal, it is a lengthy decision involving a consideration of several novel legal issues," Tervita spokeswoman Mandy Dinning said in a statement Wednesday.