I've focused my testimony on the Competition Act specifically. I don't view the act as a form of red tape. It's kind of the guidance and guardrail to protect against anti-competitive behaviour.
If I could, I'll pick up on something Mr. Kotak shared about the pandemic and going digital and bringing more companies online. I think that's another thing to consider as you look at red tape, for sure. Recognize the growing e-commerce competition for consumer data from a loyalty perspective and the loyalty programs trying to offer people hyperpersonalized ads. This is also worthy of scrutiny.
My point about being anticipatory and spotting harms on the horizon is about recognizing these patterns and trends and then making sure that our legislation properly captures them and isn't silent. The silence and the distance between what's happening in the economy and what our legislation thinks about is really concerning.