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Heritage committee unlikely to suggest changes to foreign ownership in BDUs

News | 12/13/2002 5:00 am EST

The House of Commons Standing Committee on Canadian Heritage will likely recommend the status quo regarding foreign ownership in the broadcast distribution and broadcasting industries when it releases its report on the Canadian broadcasting system next March. Few members of the committee have expressed agreement with the cable industry’s contention that foreign investment rules must be eased so that cablecos can generate the necessary capital to introduce new products, such as video-on-demand (VOD), and continue the rollout of high-speed Internet access services (CCR, Dec. 5/02).

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