Matthew Boswell, the Commissioner of Competition, addressed the Canadian Bar Association, reflecting on the progress made by the Competition Bureau over the past seven years. He emphasized the need for a culture of competition in Canada, likening it to the concept of 'creative destruction' introduced by economist Joseph Schumpeter.

He noted significant developments, including a budget increase for the Bureau, transformative amendments to the Competition Act, and a heightened public discourse on competition policy. These changes aim to enhance competition enforcement and support innovation in the economy.

Boswell discussed the Bureau's new Merger Enforcement Guidelines, which incorporate considerations for digital markets and dynamic competition. He also highlighted ongoing investigations into monopolistic practices and deceptive marketing, emphasizing the Bureau's commitment to protecting consumers.

Furthermore, he addressed the Bureau's efforts against cartels and the importance of competitive bidding in public procurement. Boswell concluded by urging continued vigilance in competition policy to ensure a dynamic and innovative economy.