The CRTC announced Thursday it is reviewing the regulatory framework for small incumbent phone companies, also known as small incumbent local exchange carriers (SILECs). The CRTC said the review covers regimes governing the current price cap; local forbearance (or exemption from regulation); toll interconnection; and subsidy requirements for SILECs in 2011. The commission said it looking for proposals providing a rationale and evidence for changes to the price cap regime. The CRTC also said it wants proposals to address pricing constraints for individual services or rate elements, the duration of the next regime, and if it should be a fixed, among other issues. SILECs should file proposals with the commission by the deadline of July 7, and parties to the proceeding should file interventions by Aug. 4, the CRTC said. The deadline for public comments is Oct. 20, 2011. The CRTC said it expects a new regulatory framework for SILECs to take effect in 2012.