Newspaper article The Canadian Press

Tory MP Nuttall Named to Protect 'Sharing Economy' from Over-Regulation

Newspaper article The Canadian Press

Tory MP Nuttall Named to Protect 'Sharing Economy' from Over-Regulation

Article excerpt

Tories name 'sharing economy' critic

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OTTAWA - The official Opposition Conservatives are naming a parliamentary critic to defend their new position on the so-called sharing economy: leave it alone as much as possible.

Ontario MP Alex Nuttall takes on the newly established shadow-cabinet post as controversy rages in jurisdictions around the world about how to deal with disruptive ride-sharing services like Uber.

The taxi industry has strongly opposed Uber in various Canadian cities, saying the service's drivers have an unfair advantage because they are not subject to the same rules.

In prepared remarks, Nuttall says Conservatives support strong competition that drives down prices for consumers.

He says that while the sharing economy presents challenges for regulators, too much regulation would stifle opportunity for businesses and consumers. …

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