With the parliamentary clock ticking down and the government yet to pass their ‘affordable housing and groceries’ bill—the first piece of federal legislation tabled in the fall sitting—the NDP have agreed to help the Liberals advance Bill C-56 in exchange for a series of amendments inspired by a similar bill from Leader Jagmeet Singh, CTV News has learned.

  • Rentlar@lemmy.ca
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    2 years ago

    Specifically, the changes that will be permitted to Bill C-56 are:

    • Increasing the maximum penalty for bad corporate behaviours, such as price fixing and overcharging, to $25 million for the first infraction and $35 million each infraction thereafter;

    • Allowing the Competition Bureau to conduct market study inquiries if directed by the minister responsible or recommended by the Commissioner of Competition, and require consultation between the two officials prior to the study; and

    • Enabling the Competition Bureau to go after big corporate players who abuse their dominance to engage in anti-competitive acts, such as squeezing out smaller players, by revising the legal threshold to lessen competition in the market.

    All good stuff including coop housing eligibility for the GST rebate

    • FireRetardant@lemmy.world
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      2 years ago

      Those infraction charges should be based on the profits made by the company doing the price fixing or overcharging. The charges have to be significantly higher than their profits otherwise it just becomes a fee to do business.

      • Pyr@lemmy.ca
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        2 years ago

        The fees should be all profits made from the activity plus those fees