I have forgotten which former Bank of Canada governor said this in a speech, probably about 10 years ago, but I would just add that competition causes good disinflation.
That is a point we've been making for years at the bureau. The more competition we have, the more it will drive this good disinflation. Don't take that from me; take that from a former governor of the Bank of Canada.
It's why we continue to say that Canada needs to put more emphasis on competition in the organization of its affairs.