Vass Bednar is the Executive Director of McMaster University’s Master of Public Policy program, and the co-author of The Big Fix: How Companies Capture Markets and Harm Canadians. Our conversation starts with the observation that many sectors in Canada’s economy are dominated by one or only a few firms. Vass and Leslie discuss whether that is good or bad for Canadians, including an analysis of cinemas, grocery stores, and banking. They debate the role of government, the tools it has at its disposal, and what the future might hold.
Relevant resources:
- NICE, the Network of Independent Cinema Exhibitors: https://www.nicecinema.ca/2024/03/12/report-the-state-of-independent-film-exhibition-in-canada
- Access to Markets https://accesstomarkets.org/about/
- Statistics Canada and Canadian Competition Bureau paper on markups: https://www150.statcan.gc.ca/n1/en/catalogue/11F0019M2025001
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People of the same trade seldom meet together, even for merriment and diversion, but the conversation ends in a conspiracy against the public, or in some contrivance to raise prices - Adam Smith
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