Competition Bureau Must Keep 'Foot on Gas' Amid Economic Headwinds, Says Commissioner
In a firm address from the Competition Bureau's headquarters in Gatineau, Quebec, Acting Competition Commissioner Jeanne Pratt has underscored the critical need for the regulatory body to maintain its aggressive stance in the face of persistent economic pressures. Speaking on Thursday, January 29, 2026, Pratt highlighted that the Bureau's role in safeguarding competitive markets is more vital than ever as inflation continues to challenge Canadian consumers and businesses.
Sustained Vigilance Against Inflationary Pressures
Pratt articulated that the Competition Bureau cannot afford to ease its efforts, even as economic headwinds create complex environments for enforcement and policy implementation. "We need to keep our foot on the gas," she stated, emphasizing that proactive measures are essential to prevent anti-competitive practices that could exacerbate inflation. This approach involves rigorous monitoring of mergers, acquisitions, and market behaviors that might lead to price-fixing or reduced consumer choice.
The commissioner's remarks come at a time when global and domestic economic factors, such as supply chain disruptions and fluctuating demand, are putting additional strain on pricing structures across various sectors. Pratt pointed out that the Bureau's mandate extends beyond mere regulation; it is about fostering an ecosystem where fair competition can thrive, ultimately benefiting the economy by keeping prices in check and encouraging innovation.
Broader Implications for Canadian Economy
Pratt's call to action is not just about immediate inflation control but also about long-term economic resilience. By maintaining a strong enforcement posture, the Competition Bureau aims to deter corporations from engaging in behaviors that could harm market integrity. This includes cracking down on collusion and abuse of dominance, which are particularly detrimental during periods of economic uncertainty.
Furthermore, Pratt highlighted the importance of collaboration with other governmental agencies and international partners to address cross-border competition issues. In an interconnected global economy, coordinated efforts are crucial to ensuring that Canadian markets remain competitive and that consumers are protected from unfair practices that could drive up costs.
The acting commissioner's stance reflects a broader commitment to upholding the principles of market fairness, which are foundational to economic stability and growth. As inflation remains a top concern for policymakers and the public alike, the Competition Bureau's vigilant approach serves as a key pillar in the government's strategy to mitigate economic challenges and promote a healthier business environment for all Canadians.
