September 5, 2025 — The Competition Bureau has launched a pivotal market study on competition in financing for Canada’s small and medium-sized businesses (SMEs). Recognizing that SMEs drive over 98% of Canadian employment, the Bureau is now soliciting public feedback on its proposed study scope and methodology. This marks a critical moment for firms tracking government monitoring, policy initiatives & consultations, and regulatory trends.
Why it matters:
- The lending market remains dominated by major banks, posing barriers for new or smaller entrants.
- SMEs are paying higher borrowing costs than their counterparts in other OECD nations.
- This study will inform recommendations on how federal and provincial governments can enhance bill tracking, legislative briefings, and access to competitive financing.
Your next move:
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Explore the full government release here:
Competition Bureau – Study on Financing for Canada’s SMEs