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#101 Ismo07

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Posted 22 December 2023 - 09:39 AM

Harper even worked on open skies agreements. As we well know, Canadians are trapped in a world of low competition and high air fares, because of our protectionism. The consumers lose out big time in these instances. Same thing for our communications services. Low competition, very high prices.

 

Banking becoming more consolidated is -not- good for consumers.

 

Is this what you were talking about?

 

A Conservative war on business - Macleans.ca

 

A free market guy wouldn’t favour a cap on cellphone roaming fees, as hinted in the speech from the throne. A free market guy wouldn’t advocate government-legislated cellphone costs, knowing full well that carriers deprived of roaming fees will hike other charges to compensate. A free market guy would favour—call me crazy—an actual free market solution to the problem, such as increasing competition by allowing foreign carriers to enter the market on equal terms. But that’s not what Moore is trumpeting.

In case after case, the government insists on intervening, apparently oblivious to the fact that their intervention is part of the problem. The easiest way for the Conservatives to “end geographic price discrimination,” or the higher prices paid in Canada compared with the United States, would be to reduce import tariffs. Instead, reports suggest the government wants to use the Competition Bureau to investigate and compel companies to offer comparable prices on both sides of the border. With myriad factors affecting those prices on both sides of the border—from the value of the dollar to the price of gas—proving ill intent on the part of investigated companies will be all but impossible. Such a scheme would produce endless red tape, and zero benefits for consumers.



#102 Mike K.

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Posted 22 December 2023 - 11:12 AM

Oh are prices in grocery stores less expensive if you are there a month? Taxes are lower sure but prices are not.


You always complain about anecdotes. Your few days of a visit to one place in the US doesn’t paint an entire economic picture of a large country of 330 million, right?

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#103 Ismo07

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Posted 22 December 2023 - 11:25 AM

You always complain about anecdotes. Your few days of a visit to one place in the US doesn’t paint an entire economic picture of a large country of 330 million, right?

 

This isn't really anecdotal, but the grocery prices do not change.  Clothing doesn't change.  Restaurants don't changes.  Prices for services do not change.  It's not less expensive down there.  They keep more of the hard earned dollars is all.  It's true a few things are... 

 

We are getting off course a little here.  My point was really we sometimes want government intervention and we sometimes don't.  I'm not sure Pierre would actually stop this sale, he is just in antithesis mode as he should be.


Edited by Ismo07, 22 December 2023 - 11:41 AM.


#104 Mike K.

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Posted 22 December 2023 - 03:39 PM

I’m suspicious of you ever visiting the US.

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#105 Ismo07

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Posted 22 December 2023 - 03:49 PM

I’m suspicious of you ever visiting the US.

 

You mean you don't believe I've been in Washington, Arizona, Tennessee, New Mexico and Colorado this year?



#106 LJ

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Posted 22 December 2023 - 07:29 PM

You mean you don't believe I've been in Washington, Arizona, Tennessee, New Mexico and Colorado this year?

If you stayed at a hotel and bought restaurant food you might find it as expensive as Canada, if you have your own place and go grocery, clothes, electronics, golf goods shopping every week you will find it about half the cost of Canada. I won't mention alcohol, which about 25% of what British 
Columbian's pay.


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Life's a journey......so roll down the window and enjoy the breeze.

#107 Victoria Watcher

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Posted 06 February 2024 - 11:36 AM

n case you missed it, Josh Scott and Douglas Soltys dug into news this week that Toronto-based FinTech Koho has moved to phase two of securing a banking licence, including what CEO Daniel Eberhard plans to do with it: compete.

The message was well received by industry observers. Senator Colin Deacon, a noted proponent of open banking, said a banking license would allow Koho to broaden and “offer very cost-efficient services.” This would place a disruptor amongst incumbents like the Big Six banks.

“It’s a great example, if Koho is successful, for others maybe to follow suit,” Deacon told me. “When there’s a strong competitor offering a disruptive product, it forces everybody to up their game and that’s a good thing.”

Koho isn’t the only FinTech to run the regulatory gauntlet. Questrade filed for a licence just before the pandemic, which added delays to the filing process, but the company expects approval in roughly a year, per The Globe and Mail. Meanwhile, competitor and sometime-partner Wealthsimple said approval as a securities dealer and Payments Canada member, combined with its existing partnerships with banks, have enabled it to build its products without filing for the licence.

https://betakit.com/...-on-bay-street/

Edited by Victoria Watcher, 06 February 2024 - 11:37 AM.


#108 Ismo07

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Posted 06 February 2024 - 01:02 PM

If you stayed at a hotel and bought restaurant food you might find it as expensive as Canada, if you have your own place and go grocery, clothes, electronics, golf goods shopping every week you will find it about half the cost of Canada. I won't mention alcohol, which about 25% of what British 
Columbian's pay.

 

Absolutely..  I've mention both experiences, shopping and restaurants (including fast food)...  Most is the same price or in some cases more in US dollars...  I'm not living there so understand I'm not finding what's on sale etc as I'm buying what I want.  Just saying not everything is cheaper in the States, especially with exchange.



 



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