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Michael Osborne Discusses Funding Increase for Competition Bureau with the Financial Post

05/04/2021

Michael Osborne has been quoted in the article “Competition Bureau Gets a Budget Boost, But Is It Enough to Make Companies Think Twice?” published by the Financial Post.

Writes FP: “Canada’s competition watchdog has for years been criticized for letting too much slide. The problem, critics, say, is that the Competition Bureau is woefully underfunded for a national law enforcement body that is expected to pursue complex and sprawling investigations against deep-pocketed corporations…”

Michael says sometimes you “think [you have] a really good case, and the bureau says, ‘we don’t have the resources.’”

However, “the bureau is set to receive a major increase in federal government funding, which some observers believe could boost its power enough to seriously rein in anti-competitive practices.”

Notes Michael: “This is a big increase in funding, a very big increase in funding.”

Read the full article here.

Read more about the funding increase in our Comment, “More Money and New Digital Tools for Competition Bureau in Federal Budget.”

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