A similar situation occurred just last April (2021). https://mobilesyrup.com/2021/04/20/nationwide-rogers-outage-...
A similar situation occurred just last April (2021). https://mobilesyrup.com/2021/04/20/nationwide-rogers-outage-...
I don't have the numbers on how much they spend to lobby the government every year, but I imagine its a staggering sum.
https://web.archive.org/web/20171230012928/https://www.inves...
Mobile carriers - 4 control 98+ % of the market
Internet - 4 control likely 90+ % of the internet market
Banks - 5 control 90+ % of retail banking. The rest? Credit Unions who have themselves mostly merged into https://www.central1.com/
Insurance - 6 control 89%
Media - 4 control 70%
Grocer - 5 control 60%
Movie theaters - 2 control 99%
Links:
[0] https://financialpost.com/fp-finance/megadeals-fuelling-unpr...
[1] https://financialpost.com/investing/how-canadas-oligopolies-...
Glass houses, eh?
Why? because they failed obtaining a bank licence!
It is very hard for a new bank to come to Canada. They have to "partner" with one of the 5 existing oligarch banks! Imagine.. as a business, you have to "partner" with a competing bank in order to operate!
Meawhile, Revolut has successfully opened in 10 other countries at the same time..
Tourists and strangers don't really catch how the canadian market is ruled by oligarch / oligopoly so few players/businesses.
There is NO COMPETITION here! Welcome to CanaRussia!
Sources: https://portfolioplus.com/what-happened-to-revolut-canada-wh... https://www.fintechfutures.com/2021/03/revolut-exits-canada-...
Definitely no quid pro quo there.
It is hard to think of areas where there is actual competition in Canada, because there are so few.
Media? None, the Federal Liberals fund the approved media and leave the unapproved to fend for itself or die. The approved media is then highly encouraged (unofficially) to tow the Party line and back up anything Trudeau says - especially when it's a fabrication.
Banks? Highly controlled via charters, although actual regulation would make a 1970s Cayman's banker blush.
Food? There is a literal milk cartel. There are three major grocers - all highly vertically integrated. One was just on the news a few years ago for price-fixing bread, and also received untold millions for a refrigeration overhaul from the Federal Government.
Telecom? See the outage.
Law enforcement? The RCMP (Canadian CIA) was recently caught editorializing a report to suit a gun bill Trudeau's Liberals had been waiting for a reason to pass. The Federal Government was also crucial in telling the RCMP what to report and when. In any first world country this would be scandalous and met with a wave of resignations. In Canada, it's a Trudeau Tuesday.
CIA -> CSIS (intelligence)
FBI -> RCMP (federal police)
HN, please correct me if I'm wrong!
I don't think many Canadians would think of the RCMP as "federal police" but more "national police" because their have odd responsibilities:
" The Royal Canadian Mounted Police (RCMP) is Canada's national police force. The RCMP is the only police force in the world that acts as a federal, provincial and municipal force. "
From what I recall, CSIS was established after the FLQ Crisis in the 1970s, when the government realized that having a single organization responsible for clandestine domestic intelligence and law enforcement was an idea that was rife with abuse.
From Wiki:
“There is no restriction in the Canadian Security Intelligence Service Act on where CSIS may collect "security intelligence" or information relating to threats to the security of Canada.[31] The agency may collect information on threats to Canada or Canadians from anywhere in the world. While CSIS is often viewed as a defensive security intelligence agency, it is not a strictly domestic agency. CSIS officers work partly domestically and often internationally in their efforts to monitor and counter threats to Canadian security”
> Previous law stated that CSIS was only allowed to collect this intelligence within Canada but due to an updated law in 2016 they are now allowed to collect that intelligence abroad as well.
And not sure why you seem so set on blaming the liberals and JT because basically nothing changed when JT took power except a different set/type of scandals and legal weed.
Whatever "current event" has a negative outcome, attribute it to the politician you currently don't like.
Post office in the high-arctic is closing, must be "politician i don't like's" fault.
Never mind basic logic as you posted, these are not new problems. JT hasn't done anything to address the issues, nor did his predecessors.
Our CRTC is effectively useless so little will change until CRTC is overhauled.