COMMERCE 1B03 Chapter 3: Chapter 3 text summary.docx
4 Feb 2014
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January 18th/2012: they also provide special services, such as the bank of canada, privatization is the process of governments selling crown corporations, alberta privatized its liquor board. Its primary responsibility is to ensure and support the country"s economic performance: trade regulations (interprovincial and international) Incorporation of federal companies: taxation (both indirect and indirect, the banking and monetary system, national defence, unemployment. In addition to these, also oversees industries such as aeronautics, shipping, railways, telecommunications, and atomic energy. The competition bureau listens to business and consumer complaints and, in some instances, launches investigations to ensure fair competition. The competition act covers many laws, including discriminatory pricing, price fixing, misleading advertising, and the refusal to deal with certain companies: marketing boards: Marketing boards are organizations that control the supply or pricing of certain agricultural products in canada. System of marketing boards is under attack because it does not permit normal competitive conditions to operate in this field.
