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All signs point to upcoming review of telecom foreign ownership rules

News | 05/28/2001 4:00 am EDT

Industry Canada is proposing to amend the Telecommunications Act and review foreign ownership restrictions across several industry sectors as part of the federal government’s pending Innovation White Paper. The government will have further reason to open those discussions when it receives an urgent call next month from the National Broadband Task Force to review the foreign ownership cap on telecom companies and broadcast distributors.

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