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Hearings on foreign ownership continue as telcos, broadcasters state their cases

News | 02/18/2003 5:00 am EST

Testimony to the Parliamentary committee studying the possibility of changing foreign investment restrictions in the telecom sector shifted gears in the last two weeks as ILECs and CLECs alike told the committee that removing foreign ownership restrictions isn’t a high priority. A noted telecom law professor, however, said that removing foreign ownership limits is key to the long-term survival of the Canadian telecom sector. The House of Commons Standing Committee on Industry, Science and Technology also heard from a coalition of broadcasters that the only way to protect Canadian programming is to maintain the status quo.

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