The company that operates one of Canada’s largest networks of residential mortgage brokerage firms is under federal investigation amid allegations it has adopted anti-competitive business practices to thwart an emerging rival. The Competition Bureau is investigating Dominion Lending Centres Inc. (DLC), a company whose franchise network includes 7,981 brokers working in 10 provinces through 544 franchises. Collectively, DLC brokers helped Canadians get $140 billion in home loans in 2021 and 2022. In an interview, Dominion Lending …
Read More »Competition policy becoming a ‘kitchen-table issue’ for Canadians amid inflation – National
As Canadians grow more concerned about rising inflation, competition across different sectors of the economy has become a “kitchen-table issue” at a time when the federal government is reviewing its competition law. The country’s two largest newspaper chains, Postmedia and the owners of the Toronto Star, recently confirmed talks about …
Read More »Contractor association complaint against Ottawa Hospital cites ‘restrictive’ deal – Ottawa
A group representing construction workers wants the federal Competition Bureau to investigate the Ottawa Hospital’s agreement with a labour group to build the new $2.8-billion Civic campus. In January, the Ottawa Hospital announced it had signed a “historic” agreement with the Unionized Building and Construction Trades of Eastern Ontario and …
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