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Globalive debacle an “embarrassment” for Canada; single review for foreign ownership overdue: Lemay

News | 11/01/2009 3:43 pm EST

Canada should take steps to streamline its review process for foreign ownership of telecoms, or risk putting a further chill on foreign investment, warns an analyst in response to last Thursday’s CRTC ruling that Globalive Wireless is not Canadian-owned and controlled.

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