Industry Canada

Industry Canada

October 27, 2005 11:57 ET

Government Moves to Strengthen the Competition Act with Amendments to Bill C-19

OTTAWA, ONTARIO--(CCNMatthews - Oct. 27, 2005) - The Government of Canada has introduced amendments to Bill C-19, legislation to amend the Competition Act.

The amendments, introduced today before the House of Commons Standing Committee on Industry, Natural Resources, Science and Technology, are part of the government's energy relief package aimed at enhancing market transparency and accountability.

If adopted, the amendments will increase the fine level under the conspiracy provisions of the Act (section 45) from a maximum of $10 million to a maximum of $25 million and provide the Competition Bureau with the power to assess the state of competition in an industry.

"Strengthening the law will help build a more efficient and competitive marketplace for all Canadians," said the Honourable David L. Emerson, Minister of Industry. "Our goal is to provide a greater incentive to comply with the Competition Act."

Increasing criminal fines for conspiracy will serve as a deterrent to unlawful cartel behaviour in all industries, including the gasoline industry. Providing the Competition Bureau with the power to assess the state of competition will enable the Bureau to gather comprehensive data, including data that is not in the public domain, to conduct in-depth analysis of various industry sectors.

Bill C-19 was introduced in the House of Commons on November 2, 2004.

On October 6, 2005, Minister Emerson, the Honourable Ralph Goodale, Minister of Finance, the Honourable John McCallum, Acting Minister of Natural Resources, the Honourable Joe Fontana, Minister of Labour and Housing and the Honourable Stephane Dion, Minister of the Environment announced a package of short-term and longer-term measures to help Canadians deal with high energy costs.

The Competition Bureau is an independent law enforcement agency that promotes and maintains fair competition so that all Canadians can benefit from competitive prices, product choice and quality services. It oversees the application of the Competition Act, the Consumer Packaging and Labelling Act, the Textile Labelling Act and the Precious Metals Marking Act.

Contact Information

  • Office of the Honourable David L. Emerson
    Christiane Fox
    Minister of Industry
    (613) 995-9001
    or
    Industry Canada
    Media Relations
    (613) 943-2502