State of Competition in Canada Has Deteriorated: Competition Bureau

Commissioner of Competition Matthew Boswell speaks at Canada's Competition Summit hosted by the Competition Bureau Canada in Ottawa on Oct. 5, 2023. The Canadian Press/Sean Kilpatrick

The Competition Bureau says profits and markups have increased over the last two decades as the state of competition in Canada has deteriorated.

The bureau published a report Thursday analyzing how competition evolved across industries between 2000 and 2020.