Thursday, June 26, 2008

Canada's Competition Review Panel Report is Out

Posted by D. Daniel Sokol

Competition Policy Review Panel issued its long awaited report to the Minister of Industry. A summary of the report is available at:

http://www.ic.gc.ca/epic/site/cprp-gepmc.nsf/en/home.

The full report is available at

http://www.ic.gc.ca/epic/site/cprp-gepmc.nsf/vwapj/Compete_to_Win.pdf/$FILE/Compete_to_Win.pdf.

Specific policy  recommendations to the federal government include:

  • Amending the Investment Canada Act to reduce barriers to foreign investment by increasing review thresholds; reversing the onus to require the government to demonstrate that an investment would be contrary to the national interest before disallowing a transaction; increasing transparency and predictability; and preserving a distinct approach for the cultural sector while also initiating a broad review of Canada’s cultural policies;
  • Liberalizing investment restrictions in the Canadian air transport, uranium mining, and telecommunications and broadcasting sectors, and removing the de facto ban on mergers in the financial services sector;
  • Updating and modernizing the Competition Act in line with best practices internationally;
  • Creating a Canadian Competitiveness Council to give voice to and advocate for competition in Canada, and ensure sustained attention by governments on national competitiveness.

https://lawprofessors.typepad.com/antitrustprof_blog/2008/06/canadas-compe-1.html

| Permalink

TrackBack URL for this entry:

https://www.typepad.com/services/trackback/6a00d8341bfae553ef00e553727f708833

Listed below are links to weblogs that reference Canada's Competition Review Panel Report is Out:

Comments

Post a comment