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Most industries in Canada are protected against innovation and competition by a series of public cartels and legislated monopolies that have been erected over d
by wavephorm 15y ago
Most industries in Canada are protected against innovation and competition by a series of public cartels and legislated monopolies that have been erected over decades. Telecom, Banking, Tobacco, Grain, Lumber... and at the provincial level Energy and Alcohol are all carefully protected. Essentially the entire country is a giant syndicate under the guise of free trade.
- InclinedPlane 15y agoDon't forget Canada Poste. E-commerce is significantly stunted in Canada due largely to excessive government protection of monopolies.
- deleted 15y ago[deleted]
- a3camero 15y agoAnd those are just the obvious ones. Ontario's bus industry is a regulated near-duopoly of routes. In order to start a new bus route you have to prove that it won't have a negative economic impact on the current operators of that line. It's regulated by the Ontario Highway Transport Board. Same as it was in the 1950s... Just one of many less visible examples.