Canada needs more competition now

It’s time to move away from the economic policies of the past that have created Canadian market structures that allow just a few firms to exert significant control over an entire sector.

Innovation Minister François-Philippe Champagne takes questions from reporters outside the House of Commons on Oct. 24. Innovation, Science, and Economic Development Canada controls the Competition Bureau’s budget and executive hires, which is problematic given the inherent conflict with the bureau’s responsibilities, writes John Pecman.The Hill Times photograph by Andrew Meade

Opinion

BY JOHN PECMAN

December 5, 2022

There’s none so blind as those who will not see that competition, the unfettered rivalry between businesses, is the primary engine for growth of our economy. Many empirical studies have established positive relationships between competitive intensity, innovation, and produ...

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