OTTAWA, June 26, 2008 -- The Honourable Jim Prentice, Minister of Industry, formally thanked the Competition Policy Review Panel for its final recommendations on the country's investment and competition policies.
"I would like to express my appreciation to the Panel for its tireless work over the past year," said Minister Prentice. "The independent advice you have provided in this report will help us determine how best to modernize our competition and investment policies and to improve our competitiveness in the global economy. I look forward to reviewing it."
The Competition Policy Review Panel was created by the federal government in July 2007 with a core mandate of reviewing two key pieces of legislation, the Competition Act and the Investment Canada Act.
The Panel was to review how Canada's competition and investment policies could be revised in order to create a more adaptable economy, leading to a more competitive marketplace for Canadian consumers and business.
The Panel was composed of five distinguished Canadians named by the Minister of Industry on behalf of the Government of Canada.
For more information on the Panel and to access its report, please visit http://www.Competitionreview.ca
For further information (media only), please contact:
Deirdra McCracken
Press Secretary
Office of the Honourable Jim Prentice
Minister of Industry
613-995-9001
Media Relations
Industry Canada
613-943-2502
