Communications at a Crossroads: Foreign Ownership and Sovereignty
News | 06/23/2003 4:00 am EDT
The battle over foreign ownership has begun. In April 2003, the House of Commons Standing Committee on Industry, Science and Technology released its report Opening Canadian Communications to the World and recommended that existing foreign ownership restrictions be lifted for telecommunications carriers and broadcasting distribution undertakings, such as cable companies. According to the Industry committee, the foreign ownership restrictions are an impediment to investment and serve no useful purpose.