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News | 06/23/2005 4:00 am EDT

CRTC estimates cost of regulating telecom
The CRTC has estimated that it will cost approximately $24 million to regulate the telecommunications industry in 2005-2006. There were a couple of minor adjustments in the 2004-2005 period, which slightly affected the overall cost for the subsequent period. The commission notes that it will have to recover $24.1 million to regulate the telecom industry this fiscal year.

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