Where do you live now that it isn’t a problem? It’s a huge problem in the states, too.
He is right tho. It really hampers the economy. Another example: real estate. Canada's economy is mostly real estate and again, cartels emerge.
The Netherlands. There's some regulatory capture here, too, but uncapped fibre Internet and mobile plans are all reasonably-priced compared to Canada. (ok that's not saying much!)
On another note, fibre is head and shoulders better than cable for latency. I can type on my computer in OVH Montreal and it feels like it's under my desk!
In the Netherlands it's a kind of strange situation. All the infrastructure is owned by KPN. They are also one of the biggest internet providers but they must allow others on their network.