There is competition in most markets, but people are lazy and stick with the incombent telcos and cable companies which slows the expansion of competitive players. I live in probably the most competitive market and I am paying 100 CAD/month for unlimited gigabit, unrestricted Internet.
Net neutrality has been critical because the incumbent players have usage caps, and have tried to offer bundled services that aren't metered. This was stopped by the CRTC, but it is exactly how regulation restricts anti-competitive activities.
And for comparison, I live in one of the less competitive markets (Saskatchewan [SK])
Currently paying $90CAD for 25mbps down 2mbps up which is the fastest available plan from the only ISP with unlimited data
Ignoring satellite options there is one other ISP that can serve my house. The best plan from them is around $60CAD a month for 10mbps down and 1mbps up with 120gb of data.
For some context, I don't live in one of the two big cities of SK, but I'm not out on a farm or anything either so I think my experience is similar to most in SK that are not farmers or in Regina/Saskatoon (the two biggest cities in SK)
It's all about the cables in rural Canada. We have decent offer in urban centers, but in Podunk, New Brunswick or whichever the snowbank you're stuck in you often have to rely on the only telco covering the area.
Net neutrality has been critical because the incumbent players have usage caps, and have tried to offer bundled services that aren't metered. This was stopped by the CRTC, but it is exactly how regulation restricts anti-competitive activities.