The Conservative cabinet is discussing a plan to relax the foreign ownership restrictions for telecom companies, The Globe and Mail reported Wednesday. The plan, being discussed at cabinet, would allow non-Canadians to own up to 100 per cent of any telco operating in Canada that controls less than 10 per cent of the market, the Globe said. The proposal is in a document titled “Increasing Competition and Choice in the Telecommunications Sector,” which appeared on the agenda of a federal cabinet committee that met on Tuesday, unnamed sources told the Globe. “Sources cautioned, however, that the Harper government’s priorities and planning cabinet committee may be merely discussing the foreign ownership proposal rather than be poised to make a decision soon,” the Globe said. The move to allow foreign ownership of smaller telcos would be a way to increase competition in the Canadian industry without opening up the possibility that one of Canada’s incumbent providers could be bought out by a foreign company. Canada's broadcasting and telecom regulatory frameworks currently limit foreign investment at maximums of 20 per cent in the operating company and 33 per cent in the holding company. The C.D. Howe Institute and the SeaBoard Group have joined some small wireless companies in calls for an end to foreign ownership restrictions. Those changes would require amendments to the Telecommunications Act.