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From maple syrup to milk producers, telcos to taxi companies, Canadian firms “are walled from competition” that has led to stunted trade, investment and innovation in the country and left consumers with fewer choices, according to a new report.

An estimated 35 per cent of Canada’s economy is protected from foreign competition, via rules, government intervention and varying interprovincial requirements, according to a new study by Fraser Institute, a Vancouver-based think tank.

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Authored by Vincent Geloso, a senior fellow at the Institute, the study ranks the level of protectionism in Canada against other developed nations. While there are protectionist factors outside of human control such as geography and distance, the lack of foreign competition in Canada largely comes down to governmental factors.