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> You could say "ok, disband the regulation and let them compete" but many times that just leads to the total collapse of certain domestic industries because th

by voisin 4y ago

> You could say "ok, disband the regulation and let them compete" but many times that just leads to the total collapse of certain domestic industries because they simply can't compete with US capital. What’s wrong with this if it leads to lower costs for consumers and better service?

xav0989 4y ago
Canada wants to maintain a domestic industry, in part to not be held to the whims of another country's governing body. When the people that control your information flow, your food production, etc. are not within your jurisdiction, you're effectively at the mercy of both them and the government of their country.
- voisin 4y ago
  > in part to not be held to the whims of another country's governing body. Just because the industry is foreign doesn’t mean it isn’t subject to local regulation and oversight.
  - loudthing 4y ago
    ... and largely, when American companies set up shop in Canada, they create a wholly owned subsidiary that is a Canadian company. I.e. McDonald's Canada and General Motors Canada are separate entities from their parent organizations. Fun fact posted here before: The McDonald's locations that were recently shuttered in Russia were specifically founded by McDonald's Canada.
- michael1999 4y ago
  The only thing Canadian about Rogers is the dividends. None of the technologies they operate are Canadian.
marcosdumay 4y ago
Local industry can't compete because the costs are too high, so the government acts by protecting the local industry and increasing costs everywhere. Welcome to the protectionism vicious cycle.
bregma 4y ago
There is more to domestic policy than being able to go to the foreign-owned big-box store in your foreign-made sweats to buy foreign-made underwear that is 5 cents cheaper. Especially if that savings is only used to pay for the higher cost of internet infrastructure owned by a handful of oligarchs and used to distribute foreign-made content consumed in your sweats while quaffing beer made by foreign-owned cartels and eating popcorn grown by foreign-subsidized farmers.
52-6F-62 4y ago
It's not so great for people who don't see themselves only as consumers of a service. It's not a simple linear change.

by voisin 4y ago

xav0989 4y ago

Canada wants to maintain a domestic industry, in part to not be held to the whims of another country's governing body. When the people that control your information flow, your food production, etc. are not within your jurisdiction, you're effectively at the mercy of both them and the government of their country.

voisin 4y ago
> in part to not be held to the whims of another country's governing body. Just because the industry is foreign doesn’t mean it isn’t subject to local regulation and oversight.
- loudthing 4y ago
  ... and largely, when American companies set up shop in Canada, they create a wholly owned subsidiary that is a Canadian company. I.e. McDonald's Canada and General Motors Canada are separate entities from their parent organizations. Fun fact posted here before: The McDonald's locations that were recently shuttered in Russia were specifically founded by McDonald's Canada.
michael1999 4y ago
The only thing Canadian about Rogers is the dividends. None of the technologies they operate are Canadian.

marcosdumay 4y ago

Local industry can't compete because the costs are too high, so the government acts by protecting the local industry and increasing costs everywhere. Welcome to the protectionism vicious cycle.

bregma 4y ago

There is more to domestic policy than being able to go to the foreign-owned big-box store in your foreign-made sweats to buy foreign-made underwear that is 5 cents cheaper. Especially if that savings is only used to pay for the higher cost of internet infrastructure owned by a handful of oligarchs and used to distribute foreign-made content consumed in your sweats while quaffing beer made by foreign-owned cartels and eating popcorn grown by foreign-subsidized farmers.

52-6F-62 4y ago

It's not so great for people who don't see themselves only as consumers of a service. It's not a simple linear change.