Matthew Chiasson, Senior Policy Advisor at the Competition Bureau, addressed the Senate Standing Committee on Banking, Commerce and the Economy, emphasizing the importance of Bill S-239.

This bill mandates federal institutions to publicly respond to recommendations from the Bureau's market studies, promoting transparency and accountability in competition policy.

Chiasson highlighted that competition is vital for a resilient Canadian economy, and recent reforms have strengthened the Competition Act.

He noted that while the bill does not obligate governments to accept recommendations, it ensures that they are considered and publicly addressed, enhancing public understanding of policy decisions.

The Bureau also suggested an amendment to clarify that the bill applies to all types of recommendations, not just those related to internal trade barriers.

In conclusion, Chiasson commended the Committee for their efforts, asserting that Bill S-239 would bolster Canada’s competition policy framework.