It's agreed that Canadians should pay less for wireless and internet services but it's difficult to keep prices low for long without investing in networks, CRTC chairman Ian Scott said. Scott, who heads Canada's federal telecommunications regulator, said retail prices could go down faster if internet and wireless service resellers just paid to use somebody else's networks.
Canada will have capacity for stimulus programs to keep a rebound going even after massive government spending on the Covid-19 crisis, Canadian Imperial Bank of Commerce Chief Executive Officer Victor Dodig said.
Conservative Leader Erin O'Toole took aim at what he called financial elites, saying his own party needs to take inequality more seriously and to support ongoing emergency aid. He used the midday speech to a largely business audience to say that how the country creates wealth needs to be reframed, or else "less reasonable" forces will do it instead.