Bill S-239
3rd reading · Senate
Canadian Prosperity Act
This bill would amend Canada's Competition Act to strengthen rules against anti-competitive behaviour, aiming to make markets fairer and more open for businesses and consumers.
Sponsor · Martin Klyne
What it means for you
Canadians could benefit from more competitive markets, potentially leading to lower prices and more choices for goods and services.
The debate · 3 points
Supporters say
- The Competition Bureau gaining a clearer mandate to study and report on internal trade barriers would institutionalize reform efforts, helping them outlast any single government or political moment.
- Regulatory patchworks across provinces impose real economic costs—differing trucking rules alone add an estimated 8.3% to freight rates, a $1.6-billion drag on the Canadian economy.
- Australia adopted a similar approach to empowering its competition regulator on internal trade and saw meaningful results, suggesting this model works in comparable federal systems.
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