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Decentralized Democracy

House Hansard - 251

44th Parl. 1st Sess.
November 20, 2023 11:00AM
Context: House Hansard - 251 - Nov/20/23
Mr. Chandra Arya (Nepean, Lib.)
  • Nov/20/23 12:16:19 p.m.
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  • Re: Bill C-56 
Madam Speaker, we believe in free market and free trade, but the concept of free market and competition goes hand in hand. Monopolies and oligopolies create a burden for consumers through their dominance. What is the hon. member's view on how the Competition Bureau would be strengthened so that it could go after the monopolies and take out the big corporate players that try to squeeze out the small players? How would competition actually help Canadians?
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Context: House Hansard - 251 - Nov/20/23
Mr. Kevin Lamoureux
  • Nov/20/23 12:33:28 p.m.
  • Watch
  • Re: Bill C-56 
Madam Speaker, the most significant thing within the legislation is that it would get rid of the efficiency argument. For example, a company that wants to acquire another company is not going to be able to say that, for efficiency purposes, it is in its best interest to acquire that company and that it will deliver goods to Canadians. It is a different way in which the Competition Bureau would be able to assess and, I would argue, get a better overall review of the marketplace and make better decisions that are in the best interests of consumers in Canada. That is a good thing. The more competition there is, the better.
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Context: House Hansard - 251 - Nov/20/23
Mr. Chandra Arya (Nepean, Lib.)
  • Nov/20/23 1:00:20 p.m.
  • Watch
  • Re: Bill C-56 
Madam Speaker, I would like to ask the hon. member his views on the competition levels that are in existence in several sectors of the Canadian economy, from the banking sector to the telecom sector and to consumer staples and so many other sectors. Competition actually brings down prices and helps consumers. When just a few corporate players dominate any market, through their profiteering objectives, it creates an undue burden on consumers, so I would like to ask the hon. member about his views on competition.
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Context: House Hansard - 251 - Nov/20/23
Mr. Chandra Arya (Nepean, Lib.)
  • Nov/20/23 1:14:03 p.m.
  • Watch
  • Re: Bill C-56 
Madam Speaker, I am glad the hon. member agrees that competition is good for Canadian consumers. A previous speaker in the House mentioned the sort of monopolistic tendencies that some big corporate players are displaying in several sectors in the economy are hurting consumers. The hon. member mentioned the penalties that are proposed in the legislation. I would ask the member to clarify whether she is happy with the penalties that are being proposed or if she would propose any changes to them.
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Context: House Hansard - 251 - Nov/20/23
Mr. Kevin Lamoureux (Parliamentary Secretary to the Leader of the Government in the House of Commons, Lib.)
  • Nov/20/23 1:18:12 p.m.
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  • Re: Bill C-56 
Madam Speaker, could the member provide her thoughts in regard to the importance of the legislation having a positive impact on Canadian consumers and future purpose-built housing? Does the member believe that it would really contribute in a positive fashion?
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