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House Hansard - 209

44th Parl. 1st Sess.
June 8, 2023 10:00AM
Context: House Hansard - 209 - Jun/8/23
Mr. Ryan Williams (Bay of Quinte, CPC)
moved for leave to introduce Bill C-339, An Act to amend the Competition Act (efficiencies defence). He said: Mr. Speaker, it is my pleasure to rise to present my first private member's bill. Competition is a myth in Canada. Canadians pay some of the highest prices in the world for a lot of different monopolies that dominate Canadian marketplaces: cellphones and Internet, banking, airlines and even beer. What a travesty that is. Why? The culprits are many, but a lacklustre and surprisingly pro-monopolistic Competition Act is among the biggest reasons. My private member's bill would eliminate the most glaring anti-competition section of the act, section 96, the efficiencies defence. Canada is the only G7 nation to include the efficiencies defence in its competition laws, and it currently allows an outdated Competition Act to fulfill its most glaring anti-competitive mandate to allow companies to merge, no matter how bad the merger may be for competition, if they can find efficiencies. Most of the time, those efficiencies are as simple as job losses. This was created at a time when Canada embraced an industrial policy in the 1960s. It was not at a time with free trade but when we wanted companies to get as big as possible to compete internationally. It is a relic of the old. This deletion will not alone fix competition, but it will go a long way to start. I am happy to bring this bill and the debate on competition to the floor of the House of Commons, and I want to thank the member for Abbotsford for seconding it.
270 words
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