Many natural monopolies in Canada are regulated by
A)the Federal Trade Commission.
B)the Competition Bureau.
C)local or provincial public utility boards.
D)Industry Canada.

Question

Quizplus · Accepted Answer

Natural monopolies in Canada, such as electricity and water, are typically regulated by local or provincial public utility boards. These boards are responsible for ensuring that these essential services are provided in a way that is affordable and reliable for consumers. The Federal Trade Commission and the Competition Bureau are regulatory bodies in the United States, and Industry Canada is responsible for promoting economic growth and innovation in Canada, but does not have direct regulatory authority over natural monopolies.

Many Natural Monopolies in Canada Are Regulated by