The opinions expressed in this editorial are those of the author and do not necessarily reflect those of Decima Reports. Canada’s position as a leader in the deployment of fibre optic networks should continue unabated. As our article shows, the folks at CANARIE remain at the forefront of backbone development. While the rollout of the CA*net 3 is continuing, CANARIE is looking ahead to the deployment of the next generation, CA*net 4.  The government must be commended for its ability to dole out cash without a coincident issuing of regulations. Industry Canada has funded for fibre lays, while it and the CRTC do not see it necessary to impose rules. But if there are to be rules, the CRTC must ensure that they reflect the realities of today’s networks. Another article in this week’s issue highlights the need for an overhaul of our telecom regulations to eliminate the gatekeeping role of dominant telcos. A new report by Tim Denton and François Ménard calls for new regulations that better promote competition in a market where IP is becoming the dominant standard. "A conscious public policy for the Internet will seek to transfer power away from those who own wires to those who provide services with Internet applications, because this is where the value is added," the authors write. Their comparison of telephony and the Internet to railways and highways is apt. It illustrates that new routes are needed to adjust to the new economy. None of this comes cheap. CANARIE estimates the rollout of CA*net 4 could cost upwards of $150 million. But maintaining the country’s lead in technology is not just an exercise in national pride. The move to the Optical Valley is moving at breakneck speed. Local and provincial initiatives complement the national plans of CANARIE. Alexander Graham Bell’s development of the telephone occurred in Canada. He could little imagine that his adopted country would continue that technological leadership for decades to come.