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Business phone rates fall across Canada as telcos implement rate rebalancing

News | 04/10/2000 4:00 am EDT

The move to rebalance Canada's telephone rates is officially underway, and the main beneficiaries will be business customers who for decades have paid inflated rates to subsidize the cost of residential service. The telcos and the CRTC are now working towards reducing that subsidy – albeit gradually – and to bring local rates closer in line with actual costs.

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