Close X
Thursday, November 28, 2024
ADVT 
National

Competition intensity has decreased over last two decades, Competition Bureau finds

Darpan News Desk The Canadian Press, 05 Oct, 2023 11:18 AM
  • Competition intensity has decreased over last two decades, Competition Bureau finds

Competition Bureau commissioner Matthew Boswell says new research from the bureau finds the competition intensity in the country has decreased over the last two decades.

Boswell shared the initial findings of a new report during a speech he delivered Thursday at the Competition Summit, a conference hosted by the bureau.

The commissioner said the bureau has been studying competition across sectors over two decades and will be publishing a report in the coming weeks.

"Overall, we found that Canada's competitive intensity has decreased from 2000 to 2020. Our findings in the report are quite striking and provide further support for a significant course correction in his country," Boswell said.

He also stressed the need for all levels of government to step up and help stimulate competition in the country. 

"Now is the time to look at how all of us in the public sector and all levels of government, municipal, provincial, territorial and federal, can stimulate our economy by addressing restrictions that harm the competitive process," the commissioner said.

MORE National ARTICLES

6 coyote attacks in Prince George

6 coyote attacks in Prince George
Prince George Conservation and RCMP officers are “actively investigating” six separate coyote attacks within a week in the city. RCMP say in a statement they have issued a warning to the public after receiving separate complaints of the attacks.

6 coyote attacks in Prince George

BC leg Fall session starts tomorrow

BC leg Fall session starts tomorrow
The fall session of the legislature begins on Tuesday and the B-C government says homes, clean energy and public safety will top the agenda. House Leader and Minister of Housing, Ravi Kahlon says several pieces of legislation will be introduced during the seven week session, including plans to resolve zoning and permitting challenges and boost the supply of middle-income housing.

BC leg Fall session starts tomorrow

Orange Shirt Day march at UBC

Orange Shirt Day march at UBC
A march will be held on the University of B-C's Point Grey campus tomorrow in honour of Canada's third Truth and Reconciliation Day. The march also honours those who suffered at -- or did not come home from -- Indian residential schools in B-C and across the country.  

Orange Shirt Day march at UBC

The Canadian Inflation Struggle Balancing Everyday Expenses and Housing Costs

The Canadian Inflation Struggle Balancing Everyday Expenses and Housing Costs
Surely, Canadians, particularly those with lower incomes, are grappling with the impact of rising prices. A recent report shedding light on how inflation is affecting both the Canadian economy and households reveals that inflation began to rise in early 2021 and reached its highest point in four decades last year. 

The Canadian Inflation Struggle Balancing Everyday Expenses and Housing Costs

Man dies in Edmonton mall parkade after standing up through car sunroof: police

Man dies in Edmonton mall parkade after standing up through car sunroof: police
Edmonton police say they are investigating the death of a man in a mall parkade after he stood up through the sunroof of a car and was struck by a beam. Officers responded to the call Thursday at West Edmonton Mall.

Man dies in Edmonton mall parkade after standing up through car sunroof: police

B.C. issues certificate for contentious Roberts Bank terminal expansion project

B.C. issues certificate for contentious Roberts Bank terminal expansion project
The British Columbia government has issued an environmental assessment certificate for the contentious container port expansion project at Roberts Bank, saying the province "could not prohibit the project from going forward." In a written statement, the government says the three-berth marine container terminal in Delta, B.C., south of Vancouver, rests almost entirely on federal land.

B.C. issues certificate for contentious Roberts Bank terminal expansion project