The Big Story

Fixing Canada: Is business competition dead?

Episode Summary

You've probably heard—from politicians, experts or even just friends and family—that "Canada is broken". Everyone can draw their own conclusions about that, but there's no denying some key aspects of the country aren't working well for many of us. And complaining about that is easy, it's fixing it that's the tough part. This week, The Big Story is trying to do that with Fixing Canada—a five-part series featuring deep dives into five issues that touch every Canadian, looking to experts to diagnose the problem—but most importantly, to prescribe the cure. Today we're talking about competition. Or rather, Canada's lack of it. You may have noticed consolidation in high-profile sectors like groceries or telecommunications. But the problem goes well beyond that. Right now competition is vanishing in sectors like medical technology, funeral services and even veterinary care. How do we get it back? Guests: Vass Bednar and Denise Hearn, authors of The Big Fix: How Companies Capture Markets and Harm Canadians

Episode Notes

You've probably heard—from politicians, experts or even just friends and family—that "Canada is broken". Everyone can draw their own conclusions about that, but there's no denying some key aspects of the country aren't working well for many of us. And complaining about that is easy, it's fixing it that's the tough part. This week, The Big Story is trying to do that with Fixing Canada—a five-part series featuring deep dives into five issues that touch every Canadian, looking to experts to diagnose the problem—but most importantly, to prescribe the cure.

Today we're talking about competition. Or rather, Canada's lack of it. You may have noticed consolidation in high-profile sectors like groceries or telecommunications. But the problem goes well beyond that. Right now competition is vanishing in sectors like medical technology, funeral services and even veterinary care. How do we get it back? 

Guests: Vass Bednar and Denise Hearn, authors of The Big Fix: How Companies Capture Markets and Harm Canadians, available for pre-order here