In their recent speech from the throne, the Canadian Government indicated their intention to raise foreign ownership limits with regard to the telecom industry. This is a decision long overdue, although one that requires balance and diplomacy when it comes to achieving the desired goal, something that the ruling Conservative Party has not been able to accomplish.
On the one hand they want to increase competition so as to lower consumer's monthly bills, yet on the other hand they also want to spur innovation by allowing existing companies access to foreign capital investment.
The demand for Internet and mobile networks is growing far faster than companies had anticipated and they will need to continually invest and expand their infrastructure which requires a lot of capital. The fear is that without foreign investment there would be further consolidation so as to pay for ongoing upgrades.





