Competition Bureau to focus on leveraging new enforcement and promotion tools in 2024-2025

April 30, 2024 – GATINEAU (Québec), Competition Bureau

The Competition Bureau has published its 2024-2025 Annual Plan ꟷ Onwards and upwards: Strengthening competition for Canadians.

Recent important changes to the Competition Act have strengthened the Bureau’s ability to protect and promote competition for the benefit of both consumers and businesses.

In the coming year, the Bureau will focus on leveraging the new tools in its toolbox as it takes enforcement action and promotes competition so all Canadians can benefit from lower prices, better services, and more choice.  

In 2024-2025, the Bureau will:

• Implement the changes to the Competition Act and use all the tools at its disposal to crack down on anti-competitive activity.
• Prioritize action in sectors of the economy that matter most to Canadians and that will have the biggest impact on affordability.
• Examine ways of increasing competition in a key sector of the economy by conducting a new market study under the Competition Act’s strengthened framework.
• Continue to champion a whole-of-government approach to increasing competition, one in which policies at all levels of government are designed to nurture competition, not to restrict it.
• Continue to invest in our organization, increasing the diversity of our workforce and ensuring that our enforcement strategies keep pace with new business practices and technological advancements in the digital economy.

These efforts will advance the Bureau’s 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.