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Decentralized Democracy

Member of Parliament

Chandra Arya

  • Member of Parliament
  • Member of Parliament
  • Liberal
  • Nepean
  • Ontario
  • Voting Attendance: 67%
  • Expenses Last Quarter: $104,578.46

  • Government Page
Context: House Hansard - 270 - Jan/29/24
Mr. Chandra Arya (Nepean, Lib.)
  • Jan/29/24 7:23:49 p.m.
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Madam Speaker, in general, I agree with the member on the issue of monopolies and oligopolies in Canada because of the lack of competition in the banking sector and the telecom sector. As the member mentioned, we are not getting a fair deal in terms of consumers. The cost of banking is high. The cellphone cost he mentioned is also high, but importantly, so are the data charges, which are becoming necessary today. Access to Internet is no longer a luxury; it is a necessity. What can we do to increase competition so the banking sector—
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Context: House Hansard - 265 - Dec/11/23
Mr. Chandra Arya
  • Dec/11/23 5:43:21 p.m.
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  • Re: Bill C-56 
Mr. Speaker, I see no reason for this to have been brought up for discussion. I came to the House prepared to debate Bill C-56. I have my own views on the competition clause in that particular bill. I had certain suggestions to make for the bill, such as how to improve competition while not allowing 100% foreign ownership in the Canadian banking sector, as well as how we can use the regulatory tools that are available to give credit guidance to the bank to increase competition within the banking sector. This would lead to economic advancement and economic prosperity, for the growth of the manufacturing sector in Canada.
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