Ottawa will aggressively push competition between companies in a bid to ease the cost of living, Industry Minister Mélanie Joly said on Wednesday as she opened the Competition Bureau's annual summit in Ottawa.
In her speech, Joly delivered an emphatic endorsement of more market competition in Canada.
"Let me be clear. This government will be hawkish on competition," she said.
Joly argued expanding competition in Canadian industries such as telecom would give consumers more choices and offer a path to lower prices.
Speakers at the Competition Summit also pitched improving competitive forces and trimming red tape in Canada as a solution to flagging productivity.
Competition Commissioner Matthew Boswell said in his speech that boosting competition within the country will help Canadian companies on a global scale as U.S. tariffs and shifting trade flows threaten long-standing supply chains.
"Shielding domestic firms from competition doe
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