Research: Canada Could Boost Economy with More Competition
An independent, peer-reviewed study commissioned by the Competition Bureau found that removing regulatory barriers to competition in Canada could grow the economy by up to 10% over the long term.
The study-The Potential Impact of Pro-competitive Regulatory Reforms on Productivity and Growth in Canada- was conducted by international productivity experts and published in the International Productivity Monitor.
The authors highlight that current regulations in four key sectors-energy, transportation, retail distribution, and professional services-are more restrictive than necessary. The study finds that making these rules more competition-friendly would create a stronger environment for innovation, help close the productivity gap with leading economies, and raise living standards for Canadians.
The study also notes that the estimated 6.5 to 10% boost to Canada's Gross Domestic Product is conservative and reflects only part of the potential benefits. Additional gains could be realized by:
The findings provide compelling evidence that implementing pro-competition regulations has the power to unlock significant economic growth for Canada.
https://www.canada.ca/en/competition-bureau/news/2026/02/study-finds-canada-could-unlock-major-economic-gains-through-stronger-competition.html
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