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Astral, CHUM, Alliance Atlantis want status quo on foreign ownership, Johnston says no

News | 02/13/2003 5:00 am EST

The head of the former National Broadband Task Force told a Parliamentary committee reviewing foreign ownership in the telecommunications sector that the restrictions must be removed entirely in order for Canadian telecommunications companies to remain competitive. David Johnston’s message to the House of Commons Standing Committee on Industry, Science and Technology on February 12 was at odds with that delivered by a coalition of broadcasters, who warned that eliminating foreign ownership restrictions in the telecom sector would eventually have a trickle down negative effect on the broadcast industry.

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