The concentration of corporate power in Canada can be traced back to the antiquated objectives of our nation’s competition policy. Our submission to the government’s review of the Competition Act provides sharp critiques and recommendations on a path forward.
We believe that five key economic outcomes can be achieved with the support of robust and active competition policy. This is not a complete list, but offers some of the best examples of how the Act is failing today, and why it is important for this review to be ambitious in its recommendations for a renewed Canadian competition regime. These outcomes are:
- Increased Entrepreneurship and Innovation
- Stronger Small Businesses
- Improved Job Quality
- Resilient Supply Chains
- Lower Prices
Share with a friend
Related reading
As Canada prepares for disruption and sacrifice, whose side are our leaders on?
In this election, Canadians are looking for a leader who will stand up to economic threats from our mercurial and adversarial neighbour. But how, Matthew Mendelsohn asks, will the ideas on offer help workers, regular people, not-for-profits and smaller and medium-sized businesses transition to the emerging new world order? Yes, Canada needs economic growth, but it needs to be the kind that enriches working Canadians, not just not just large financial and corporate interests.
A ‘silver tsunami’ of business exits is coming—here’s how to keep them Canadian
A combination of rising U.S. tariffs, a weakening Canadian dollar and a generation of business owners nearing retirement has created the perfect storm for a wave of foreign takeovers. SCP's Michelle Arnold, Futurpreneur's Karen Greve Young and Venture for Canada's Scott Stirrett on how a few targeted policy changes could enable aspiring entrepreneurs to buy existing businesses, keeping jobs and ownership local while injecting fresh energy into our Canadian economy.
Policy ideas that meet this moment can come from anywhere—even LinkedIn
From fighter jets to TikTok, nothing is off the table when Canadians talk about how best to counter Trump's economic assault on Canada. SCP brings you some creative, crowdsourced policy ideas gathered by our Chair Jon Shell on a recent LinkedIn post. More evidence that new voices entering the policy discussion will help us get through the current crisis and emerge in a more hopeful place.