Competition Law and Economics
Show Less

Competition Law and Economics

Advances in Competition Policy Enforcement in the EU and North America

Edited by Abel M. Mateus and Teresa Moreira

Competition policy is at a crossroads on both sides of the Atlantic. In this insightful book, judges, enforcers and academics in law and economics look at the consensus built so far and clarify controversies surrounding the issue.
Buy Book in Print
Show Summary Details

Chapter 22: Recent Canadian Policy Towards Industry: Competition Policy, Industrial Policy and National Champions

Thomas W. Ross

Extract

22. Recent Canadian policy towards industry: competition policy, industrial policy and national champions Thomas W. Ross1 I. INTRODUCTION Industrial policy and competition policy have been linked in Canada almost from the beginning. Canada’s first Prime Minister, Sir John A. MacDonald, introduced perhaps the nation’s first significant industrial policy, the National Policy, in 1879.2 Erecting substantial tariff barriers to the importation of manufactured goods, this was MacDonald’s attempt to create a domestic manufacturing base (largely in central Canada – Ontario and Quebec) to reduce dependence on imports from the United States and the United Kingdom. In terms of its objective of creating that base, the National Policy was somewhat successful – but at a cost. For example, western farmers forced to pay high prices for domestically manufactured goods but sell their outputs in competitive North American (or broader) markets resented the special treatment granted to central Canada by the policy. Not surprisingly, the protection of a small market by high tariff bar- 1 The author gratefully acknowledges helpful discussions and communications with Bruce Doern, Donald McFetridge, William Stanbury and Lawrence White. He is particularly indebted to Marc Duhamel of Industry Canada for considerable assistance with the literature and Canadian data. He also wishes to acknowledge the very capable research assistance of Jennifer Ng; and the financial support of the Phelps Centre for the Study of Government and Business in the Sauder School of Business in the University of British Columbia. 2 Canada secured its independence from Great Britain in 1867. Others might argue...

You are not authenticated to view the full text of this chapter or article.

Elgaronline requires a subscription or purchase to access the full text of books or journals. Please login through your library system or with your personal username and password on the homepage.

Non-subscribers can freely search the site, view abstracts/ extracts and download selected front matter and introductory chapters for personal use.

Your library may not have purchased all subject areas. If you are authenticated and think you should have access to this title, please contact your librarian.


Further information

or login to access all content.