Competition Bureau to focus on affordability for Canadians in 2023-2024 

News release

April 17, 2023 – GATINEAU, QC – Competition Bureau

The Competition Bureau has published its 2023-2024 Annual Plan: Driving competition forward for all Canadians.

Canadians are dealing with the highest cost-of-living increases seen in decades, and competition plays a key role in maintaining the affordability of goods and services. In the coming year, the Bureau will do everything in its power to enforce and promote competition so that all Canadians can benefit from lower prices for the goods and services they rely on.

This focus in 2023-2024 includes:

  • Cracking down on anticompetitive practices in areas that have the greatest impact on the affordability of daily life for Canadians;
  • Strengthening and expanding the Bureau’s capacity to take timely enforcement action in both traditional and digital marketplaces;
  • Publishing the findings of the Bureau’s Retail Grocery Market Study with recommendations for improving competition in the grocery sector; and
  • Supporting the Government of Canada’s ongoing review of the Competition Act and championing the importance of modernized competition laws that benefit all Canadians.

These efforts will advance the goal set out in the Bureau’s 2020-2024 Strategic Vision: to become a world-leading competition agency that is at the forefront of the digital economy and champions a culture of competition for Canada.

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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

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