The Latest

There is a growing recognition, both globally and within Canada, that competition is essential to fostering a strong, resilient and productive economy. Yet, despite this consensus, the Canadian economy is becoming increasingly consolidated, and entrepreneurship is in steep decline. SCP's feedback on the Competition Bureau's Review of the Merger Enforcement Guidelines outlines our concern with serial-acquisition strategies wherein large firms acquire smaller companies in ways that evade regulatory scrutiny, and shares our recommendations to address this issue.

Mark Carney made a speech last week and many people had plenty to say about it. But one of his replies during the Q & A deserves more attention than it received. MP Nate Erskine-Smith asked Carney what he would do about Canada’s growing wealth inequality. Carney’s answer was a bit unfocused, but he made two points clearly: 1) Let’s hope wealthy people give more to charity, and 2) We shouldn’t only focus on redistribution.

Social Capital Partner's Director of Policy Dan Skilleter summarizes the key findings of his recent report "Billionaire Blindspot" in a Toronto Star Opinion piece.

Canada’s existing competition regime is unfair for small business. We surveyed over 1,000 small business owners to understand how competition policy has affected them.

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.