Candid Conversations for Financial Markets, with Senator Colin Deacon

“Capitalism without competition is exploitation”, said President Biden. “We’ve got too many eggs in six big baskets,” said Senator Deacon. In part two of this two-part series, Senator Deacon sets out the incentives for Canadian companies to grow. They include corporate spin-offs to help de-monopolize the Canadian economy and “to diversify our economy as we suggest investors diversify their portfolios.” They also include turning our rules and regulations pro-competitive. Government decides how markets function- it can be “the catalyzer, not the crutch.”

https://iiac-accvm.ca/podcast/from-lambs-to-lions-competition-is-the-path-to-competitiveness-part-2/