Comment by chongli
1 year ago
The bigger concern for me is not the blocking/censorship angle to this bill (though that is a concern), it's the business angle. Jim Balsillie and his business lobby groups are pushing really hard on this because they smell an opportunity.
In Canada we have a hopeless addiction to bad regulations that strangle all the competition out of our markets through regulatory capture and government-created monopolies. Our wireless market is one of the least competitive and most expensive in the world. Our aviation sector is completely dominated by 2 airlines which are barely competitive at all. Our news media marketplace was recently devastated by Bill C-18 (the Online News Act), another ham-fisted cash grab designed to enrich the big Canadian media companies (PostMedia, Bell GlobeMedia, Rogers Media) which backfired and destroyed a lot of Canadian independent media outlets.
I think this bill, should it pass, will lead to the creation of another regulatory-enforced monopoly. Honestly, it feels like Canada is falling into some kind of neo-feudalism with all this nonsense.
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