The Canadian Anti-Monopoly Project (CAMP) is asking the federal government to provide the Competition Bureau with additional funding to promote the protection of competition and affordability after the passage of C-56 and C-59.

In its work enforcing the law, the Competition Bureau goes toe-to-toe with some of the largest corporations not just in the country but in the world. After more than a decade of financial stagnation, in 2021 the government provided the Competition Bureau with a much-needed increase to its annual budget of $96 million over 5 years and $27.5 million annually thereafter.

But while this made up for the real decline in resources that had occurred over the preceding decade, that funding increase did not contemplate the expanded responsibilities and scope that C-56 and C-59 imply for the law enforcement agency. To expand the Competition Bureau’s efforts in combatting abuse of dominance and studying markets across the economy, the federal government should bolster the resources of Canada’s competition cop.

Effective laws depend on effective enforcement, and without proper funding Canadians will not fully benefit from a more active and assertive law to protect competition in our economy.

You can read the full pre-budget submission here.

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The Canadian Anti-Monopoly Project is a think tank dedicated to addressing the issue of monopoly power in Canada. CAMP produces research and advocates for policy proposals to make Canada’s economy more fair, free, and democratic.

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