Thank you very much for the question, Mr. Chair, I would be happy to answer these questions as they pertain to the Competition Act.
Generally speaking, the Competition Act is, as some of you probably are familiar with, a law of general application that really aims to encourage a competitive economy where the players are acting in predictable ways that encourage competition. Competition of course benefits consumers in a variety of ways. It produces certainly lower prices often when there is strong competition in the sector, and it also leads to competitive intensity and innovation between competitors, improving the services and the goods offered to consumers in terms of looking at prices and also at the quality of offerings.
When it comes to benefits to workers, of course, again, a strong Competition Act, including some of the amendments that are being proposed around looking at stronger conditions around wage-fixing and “no poach” agreements and that create a more competitive marketplace for the labour of those workers as well. It not only offers them ideally more job opportunities in more successful and growing companies, but it particularly offers them some protections through these specific amendments as well.