25 Replies to “Canada’s Monopoly Problem”

    1. There is no way shape or form that you can convince me that “the Saskatchewan model can’t be applied on a national scale: a crown corporation that provides fast, affordable wireless services.” i.e. more government intervention, in the form of a corrupt and unaccountable crown corporation is the solution to the problems we face.

      If CUPE, and the various other unions think they can do better, they can put their money where their mouth is, and build their own.

      There is no reason Canada needs a phone company run by Canada Post or Via Rail.

      2. JD you are getting into the weeds of this THIS magazine article. Obviously it contains some howlers. I’m just citing it because I keep stressing that fighting Canadian oligopolies is something that would unite various parties. The “macro” point here is the point

  3. Have you seen the number of companies that are owned by BlackRock, Vanguard, and State Street?
    They’re all the same company and they own 30% or more of literally every company in North America and Europe and the world.
    The list of competiting companies that are a minimum 30% owned by Black Rock, Vanguard, and State Street produce essentially the exact same product yet are all owned by the same three companies. These three companies own at a minimum 30% of every chocolate bar company in the world, 30% or more of every Cookie Company in the world, 30% or more of every soft drink company in the world, own 30% or more of every Beer Company in the world, they own over 30% of every bottled water company in the world, they own 30% or more of every gasoline station in the world, they own 30% or more of every oil company in the world, they own 30% or more of every Wholesale Food Company in the world, they own 30% or more of every supermarket chain in the world. They own 30% or more of every Media company in the world . They own 30% of every published magazine in the world . They own 30% or more of every steel maker in the world . They own 30% or more of every aluminum manufacturer in the world . They own 30% or more of every car company in the world . They own 30% or more of every auto parts manufacturer in the world . And I can go on and on and on and on and on and on….!

  4. The Canuck Left hates the free market as they’d rather have oligopolies or – best of all – monopolies to regulate and support through shïtty management. Not so with real capitalism: prices are self-regulating and lowest for the consumer, and the law of the jungle prevails: lousy-managed companies are bought up or go bust.

    Most canucks would be insouciant with this, as state education would make them afraid of capitalism.

    Sometimes this country really sucks.

    mhb23re

    1. Canadians admire monopolistic practices … err, the basic dictatorship of all powerful corporations.

    2. mhb

      But they love their own billionaires, millionaires, diddys and epsteins, random riffraff and various windbag liberals.

      1. I’m not sure if that, BMike. I can’t think of a lot of flamboyant leftist Canuck billionaires or multimillionaires that come to mind. Drake, maybe. The Canadian uber-wealthy seem to take a lower profile than those or the US.

        mhb

          2. Yes. All very wealthy, but pretty low profile compared to Diddy, Jay-Z and such.

            Strong helped pave the way to Ottawa for China. He’s still quite active these days, helping PET shovel coal in Hell

  5. Gee! It’s be a shame if Canada became the 51st American state where there is anti-trust legislation and other legislation while here in Canada we have a Competition Bureau made up of politically chosen members who surprisingly are sourced from Liberal ranks and make sure the gravy train don’t end.

    1. Amen. Wait until Trump gets US dairy products into canuckistan and watch froggie heads explode. That’ll be a hoot.

      mhb23re

  6. He called Starlink (because of the service delivery model) a monopoly. BS.
    There are lots of different types of delivery of internet service methods.

    1. For sure. His assertion that Starlink is a monopoly was puzzling, at least in the Canadian context (I don’t know about the US) . They build their own satellites, put them into orbit, don’t buy out their competitors or team up with other companies to fix prices, etc., etc.

      Starlink wasn’t even available until recently, at least not in my area, and there was a long waiting list to get on it. Prior to that, there was pretty much only one option, and it had the shittiest service imaginable. Starlink is the opposite: rock-solid reliability, ridiculous speeds — 10 to 15 times faster on various speed test sites than my previous provider — and super easy for non-tech types like myself to install.

      If a completely independent company moves into an existing market and becomes successful — or even becomes the only existing company — not by buying out competitors or upstarts, or by or colluding with other companies to fix prices, but by delivering a superior product, that’s not monopolistic behaviour.

  7. Free markets are derivatives of free people, the children of government don’t want that here, too scary.

  8. Yeah
    These monopolies are the ones that fear Trump’s suggestions of Canada joining the Union the most.

  9. I watched that video with interest right up until the part where he identified himself as CPC, and that’s when I noticed that out of all the monopolies and oligopolies he named, he somehow forgot to mention the Quebec DAIRY cartel. Many people in the comment did, though.

    Nice try. Only one federal party leader is committed to dismantling this odious price-gouging monopoly, and it is most assuredly *not* Pierre Poilievre.

  10. This guy conflates oligopolies with monopolies, but his main idea, that Canada needs more competition, especially in dairy, airlines, banking and cell phones is exactly right.

    Government needs to remove barriers to competition in these industries, starting with “supply management”.
    If we don’t get our act together on this stuff, Trump is going to come after us, hard. Let’s do it for our own sakes.

    Fred
    https://freditorial.substack.com/

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