Government Regulations Hurting Canadians’ Wallets

The government of Canada advertises Canada as a vast country with many investment possibilities but the government’s bureaucracy is causing Canada’s investment market to shrivel.  The government of Canada are regulation fiends, they seem to hold a stranglehold over every industry in the country, I’m not saying this is a bad thing, government regulations keeps us safe from dangerous materials in what we eat for example, but they also seem to be keeping us safe from competitive prices as well.  One example is in cell phone services, the government has only recently brought deregulation into the telecommunication industry but the big 3 still have the control of the market.  The big 3 are; Bell Canada, Telus, and Rogers, and they may not actually collude but they work together to screw the Canadian consumers.  Canada has some of the highest cell phone usage rates, but also some of the highest service fees, and the government abstaining from the deregulation of telecommunications industry allowed the big 3 to get large enough that it would be nearly impossible for a company to break into the market.  Government regulations may keep our bodies safe, but they don’t keep Canadians’ wallets safe.