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Consumers and business could see lower phone rates in 2010 unless CRTC intervenes

News | 11/24/2009 3:38 pm EST

What may be good for consumers is not always good for the economy, it seems. The real prospect of economic deflation in 2009 could result in lower phone rates for consumers and businesses across Canada starting next June. In a petition filed with the CRTC last week, Bell Canada and two affiliates say the unintended consequences of a three-year-old price cap decision could undermine efforts by the Bank of Canada to stabilize the economy.

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