Beating Canada to China's Door: Competition Policy Review by Hon. Sergio Marchi


This article is an edited segment of a presentation made earlier this year by Sergio Marchi on behalf of the Canada China Business Council (“CCBC”) to the Competition Policy Review Panel in Ottawa. The submission followed consultation with a cross-section of CCBC members, among which are many of Canada’s leading corporations. Mr. Marchi is the current president of the CCBC, which is now in its 30th year.

Canada is, and will remain for the foreseeable future, an export-dependent economy. While the NAFTA relationship accounts for almost 80 per cent of Canada’s exports today, we cannot overlook tomorrow’s economic superpowers.

History teaches us that, as trade winds blow, they sometimes alter course. We cannot rest in the comfort of today’s safe harbours. We must constantly be navigating more challenging seas if we are to hand prosperity to succeeding generations.

For Canada today, that means deepening and strengthening our trade and investment connections to one of the economic giants of the future – China.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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