Last week, the Canadian Government issued a Direction to the CRTC under the Telecommunications Act with a view to increasing competition and lowering cellular phone prices
Canada has had Canadian ownership rules in both broadcasting and telecom in place for a very, very long time.
For years it appeared that the Canadian government was planning to allow non-Canadians to control licensed Canadian Telecom companies (but not broadcasters). However when trial balloons were floated Canadians tended to react negatively. The advantage in theory would be lower prices…
One other factor worth including in your deliberation – national security issues. For example last year the United States blocked the takeover of Qualcom, a U.S. company by Broadcom, a Singaporean company, ostensibly on national security grounds.
So what do you think, do the advantage of foreign ownership relaxation outweigh the concerns?
Sorry, there are no polls available at the moment.Jon