Bank of Canada senior deputy governor Carolyn Rogers gave a speech in Halifax on Tuesday in which she sounded the alarm on Canada’s flagging productivity rates.
It really is. There’s no good reason for the world’s most educated country (by a reasonable margin) to be like this. The bad reason is that we’re so damn bad at anti-trust, and so our market is stuffed with oligopolies that just coast. Is there any news on the revamped competition act?
It really is. There’s no good reason for the world’s most educated country (by a reasonable margin) to be like this. The bad reason is that we’re so damn bad at anti-trust, and so our market is stuffed with oligopolies that just coast. Is there any news on the revamped competition act?
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The CRTC has been bought out by big telco. And this gov’t allowed it to happen.
It’s crazy, as far as I can tell the standard of proof for anti-competitive practice was so high nobody with decent lawyers could ever reach it.
I haven’t heard of a new competition act. Is that a thing?
Yeah. I looked it up, law as of the end of last year. I guess it just hasn’t bitten anyone yet.