August 20, 2020 - GATINEAU, QC - Competition Bureau
The Competition Bureau released a toolkit today to help policymakers across the country promote competition in Canadian industries.
The toolkit provides a step-by-step guide to help policymakers at all levels of government assess the competition impact of new and existing policies, and tailor those policies to maximize the benefits of competition to the economy.
This process will help policymakers achieve their goals while also preserving the vital economic benefits of competition: increased innovation, productivity and economic growth, as well as lower prices and more choices for Canadian consumers and businesses alike.
Pro-competitive policies can also help accelerate economic recovery. As Canada's competition expert, the Bureau is ready to advise and support policymakers across the country as they work to strengthen Canada's economy.
Quotes
"Policies that support competition drive innovation and productivity and can help accelerate Canada's post-pandemic economic recovery. I look forward to working with our partners across all levels of government to support a competitive, dynamic and resilient economy."
Matthew Boswell,
Commissioner of Competition
Quick facts
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As part of its role as an advocate for competition, the Competition Bureau helps policymakers across Canada assess the impact of new and existing policies on competition and innovation in the marketplace.
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The Bureau has recently worked with regulators and policymakers in support of initiatives to make wireless services less expensive, banking more convenient, and the taxi industry more innovative.
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Are there sectors of the Canadian economy where competition is not working well? Submit your ideas about sectors where the Competition Bureau could advocate for increased competition and innovation.
