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Canada's economy is dominated by a few big companies because the government makes too many rules. It costs too much to start a business here. In politics, only

Canada's economy is dominated by a few big companies because the government makes too many rules. It costs too much to start a business here. In politics, only two parties really matter. This creates a closed system where big players stay big and new competition is crushed by red tape. Regulatory frameworks impose prohibitive compliance costs, favoring established incumbents over startups. Key sectors like banking, telecom, and aviation function as protected triopolies. Political power remains centralized between two parties with overlapping establishment interests. These structural barriers effectively suffocate competition and exclude new market entrants.

paleotrope 9mo ago
Can't help but read this as "Canada's today is the US in 10 years..."
- greenavocado 9mo ago
  NVIDIA makes up 7% of the S&P 500 ETFs. We live in the United States of NVIDIA.
  - TacticalCoder 9mo ago
    Yes but at least it's not People's Republic of NVidia, so there's that.
    - deaux 9mo ago
      Right, it's the Democratic People's Republic of Nvidia.
deleted 9mo ago
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jdalgetty 9mo ago
What do you mean it costs too much to start businesses here? I’ve founded 3 start ups and have not had any issues with things costing too much. Not a single one of those startups needed much to get going and there was no red tape or mysterious taxes that got in the way.
kijin 9mo ago
The U.S. also has only two parties that really matter, with overlapping establishment interests. What makes the difference?
willhslade 9mo ago
Just want to post my favourite business interview of all time: https://www.cbc.ca/news/business/wind-mobile-backer-regrets-canadian-launch-1.1013522 https://www.cbc.ca/news/business/wind-mobile-backer-regrets-...
am3141 9mo ago
"It costs too much to start a business here" what sort of business are you talking about? You can start a software company within few minutes in Canada.

paleotrope 9mo ago

Can't help but read this as "Canada's today is the US in 10 years..."

greenavocado 9mo ago
NVIDIA makes up 7% of the S&P 500 ETFs. We live in the United States of NVIDIA.
- TacticalCoder 9mo ago
  Yes but at least it's not People's Republic of NVidia, so there's that.
  - deaux 9mo ago
    Right, it's the Democratic People's Republic of Nvidia.

deleted 9mo ago

[deleted]

jdalgetty 9mo ago

What do you mean it costs too much to start businesses here? I’ve founded 3 start ups and have not had any issues with things costing too much. Not a single one of those startups needed much to get going and there was no red tape or mysterious taxes that got in the way.

kijin 9mo ago

The U.S. also has only two parties that really matter, with overlapping establishment interests. What makes the difference?

willhslade 9mo ago

Just want to post my favourite business interview of all time: https://www.cbc.ca/news/business/wind-mobile-backer-regrets-canadian-launch-1.1013522 https://www.cbc.ca/news/business/wind-mobile-backer-regrets-...

am3141 9mo ago

"It costs too much to start a business here" what sort of business are you talking about? You can start a software company within few minutes in Canada.