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
Are Canadian pension funds stepping up for Canada at this moment of threat? All signs point to maybe
Large Canadian pension plan OMERS announced earlier this week that it will attempt to increase its investments in Canada by $10B over the next five years. This is a good sign, says SCP CEO Matthew Mendelsohn, but announcements and good intentions will not be enough. The incentive structure for fund managers, and the allocation of resources across asset classes and geographies, will need to change if pension funds are able to deliver on what their contributors and beneficiaries expect of them.
Watch the video: Should pension funds help build Canada’s future? | TVO’s The Rundown
TVO's The Rundown convened a discussion about whether Canadian pension funds should increase domestic investments versus investing internationally. The video segment examines the risks and rewards of using Canadian pension capital for nation-building projects, highlighting that Canadian pension funds managed nearly $2.5 trillion in assets by the end of 2024, but a large portion is invested outside of Canada. Panelists Matthew Mendelsohn and Keith Ambachtsheer discuss whether funds should focus solely on financial returns or also on contributing to Canada's economic growth.
Tied Up: Unleashing Canada’s non-profit housing potential
Canada’s non-profit housing sector is structurally constrained. Well-intentioned accountability mechanisms, designed to protect public investment and ensure affordability, often have the unintended effect of limiting balance-sheet capacity, restricting access to financing and preventing asset leverage. Consequently, the non-market housing sector remains underdeveloped. In consultation with stakeholders and partners in the non-profit housing space, report authors Michelle Arnold and Savraj Syan identify three technical issue fixes that could unleash Canada's non-profit housing potential.