Brief

Here is a brief summary of the document:

Summary:

The Competition Bureau will release a study on competitive intensity in Canada from 2000 to 2020 on October 19, 2023. The report reviews measures of competition and economic dynamism, including concentration, entry and exit rates, and mark-ups and profits across various Canadian industries. Following the report's release, Bureau officials will hold a virtual technical briefing to discuss methodology and findings with media.

On the morning of October 19, 2023, the Competition Bureau will release the findings of its study of competitive intensity in Canada from 2000 to 2020.

October 18, 2023 – GATINEAU, QC – Competition Bureau

On the morning of October 19, 2023, the Competition Bureau will release the findings of its study of competitive intensity in Canada from 2000 to 2020.

The report will review various measures of competition and economic dynamism in the Canadian economy as a whole. This includes a number of indicators, such as concentration, rank stability, entry and exit rates, as well as mark-ups and profits across all Canadian industries using Statistics Canada data. This report is a first of its kind for the Bureau, and in Canada.

Following the publication of the report, Bureau officials will hold a technical briefing for media on its methodology and findings. Officials will provide opening remarks, then will be available to answer questions from media.

Date: October 19, 2023

Time: 11:15 a.m. EST

Location: Virtual (Teleconference)

Media are asked to contact Competition Bureau Media Relations at media-cb-bc@cb-bc.gc.ca to receive the dial-in information.

Media are encouraged to dial in 15 minutes before the start of the technical briefing.

Associated links

The Competition Bureau is an independent law enforcement agency that protects and promotes competition for the benefit of Canadian consumers and businesses. Competition drives lower prices and innovation while fueling economic growth.

Highlights content goes here...

Summary:

The Competition Bureau is set to release the findings of its study on competitive intensity in Canada from 2000 to 2020 on October 19, 2023. This report is a first-of-its-kind in Canada and will analyze various measures of competition and economic dynamism in the Canadian economy as a whole. The study will examine indicators such as concentration, rank stability, entry and exit rates, mark-ups, and profits across all Canadian industries using Statistics Canada data.

The report is expected to provide valuable insights into the Canadian economy’s competitiveness over the past two decades, highlighting trends, patterns, and areas of improvement. This information will be particularly useful for policymakers, businesses, and consumers seeking to better understand the market dynamics and make informed decisions.

Following the report’s release, officials from the Competition Bureau will hold a technical briefing for media to discuss the methodology and findings in detail. The briefing will take place virtually on October 19, 2023, at 11:15 a.m. EST, and media representatives are invited to participate.

The Competition Bureau, as an independent law enforcement agency, plays a critical role in promoting competition in Canada, which is essential for driving innovation, lowering prices, and fueling economic growth. The bureau’s work is guided by a whole-of-government approach to promoting competition, which recognizes that competition is essential for the well-being of Canadian consumers and businesses.

Associated links provided with the announcement include a speech on the importance of a whole-of-government approach to promoting competition and an article highlighting why competition matters.

Overall, the release of the Competition Bureau’s study on competitive intensity in Canada from 2000 to 2020 is expected to shed new light on the country’s economic landscape and inform decisions to promote a competitive environment that benefits all stakeholders.

Competition Bureau

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