Healthy competition: it's a phrase we hear all the time.
But it's more than that -- it's an essential value, an enabling force that creates energy
and innovation. In this vast, diverse nation, the heartbeat
of a healthy economy echoes in every corner, driven by a competitive
environment. A healthy competitive economy increases productivity
and benefits us all with lower prices and more choice.
Canadian innovation -- in a huge variety of sectors - has captured the attention of the
entire world... and beyond! But when competition is unhealthy... dishonest...
illegal... the effects can be devastating for business...
and for Canadian consumers as well. We are the Competition Bureau of Canada.
We are the "watchdog" of competition. We enforce the Competition Act and will not
hesitate to take action when business is NOT carried out in ways that
are truthful, fair and legal. We use a balanced approach to deliver our
mandate through enforcement, advocacy and outreach...and the
lens of the 4 Cs: Canadians -- we advocate for and protect Canadian
consumers and ensure that businesses continue to prosper in a competitive and innovative
marketplace. Compliance -- we take action and work with
our partners to promote compliance so that Canadians are not victimized.
Collaboration -- we work with other agencies and stakeholders
to extend our reach to promote competitiveness and innovation.
Communication -- we tell people about the work that we do so that consumers are informed
and businesses are guided. The Competition Bureau operates at the very
highest standard, with these as our operating principles:
Fairness: striving to strike the right balance between compliance and enforcement
Predictability: providing the right and most timely information about the work that we
do, to inform consumers and to allow business
to take appropriate actions to comply with the Act
Timeliness: Moving quickly and efficiently as we deal with issues affecting Canadians
Transparency: We believe in an open and honest approach to the work of the Bureau,
knowing that we must always be prepared to be judged by the standards we set
Confidentiality: using all possible means to protect confidential or commercially sensitive
information At the Competition Bureau, we will continue
to ensure that Canadian consumers and businesses enjoy the advantages of a competitive, innovative
marketplace and a strong economy, thereby benefitting Canadians with lower prices,
more choice and a better standard of living. To learn more about the Competition Bureau,
visit our website at www.competitionbureau.gc.ca