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Decentralized Democracy

House Hansard - 236

44th Parl. 1st Sess.
October 20, 2023 10:00AM
  • Oct/20/23 11:20:12 a.m.
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Mr. Speaker, after eight years, the Prime Minister is not worth the cost or the lack of competition. Yesterday, the Competition Bureau reported that, now, the lack of competition is worse than it was at any time in 20 years, leading to higher prices for consumers and higher profits for corporate oligarchs. Now the Liberal government is considering allowing Canada's biggest bank to gobble up the seventh-biggest bank, to eliminate competition and force up mortgage rates on Canadians who already cannot afford to pay their bills. Will the government side with consumers and homebuyers, instead of corporate oligarchs and big banks, and block this merger?
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