Panel Recommends Significant Changes to Canada’s Competition Laws

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John Bodrug, Mark Katz, Chris Margison, Aug 28, 2008

On June 26, 2008, the federally appointed Competition Policy Review Panel released its report on Canada’s competition law and policies titled Compete to Win. The Panel was created in July 2007 by the federal government with the mandate of examining how to improve the domestic and international competitiveness of the Canadian economy. The Panel has proposed what it describes as:

a sweeping national Competitiveness Agenda based on the proposition that Canada’s standard of living and economic performance will be raised through more competition in Canada and from abroad.

In a press release, the Chair of the Panel said that “Canada needs to be more open to competition, as competition spurs the productivity enhancements that underpin our economic performance and ultimately our quality of life.” He added that “Canada needs to get its act together as a nation” and adopt a more globally competitive mindset.

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