OTTAWA – Does Industry Minister Tony Clement plan to loosen restrictions around foreign investment in Canada’s telecom industry? His predecessor seems to think so.
According to a report on Canada.com, former Industry Minister and outspoken Conservative MP Maxime Bernier told a Halifax radio station that foreign investment and ownership is the best way to bring competition to the market, and, that he believes that Minister Clement agrees.
"First of all, we need more competition, and the way to have more competition is to open foreign investment, foreign ownership in the telecom (industry) in Canada, we don’t have that, and I think that (current Industry Minister) Tony (Clement) wants to bring legislation before the Parliament, and I hope he’ll do that as soon as possible”, he told Maritime Morning with Jordi Morgan on News 95.7.
Clement’s office responded that the minister, and not Bernier, is the spokesperson for foreign investment in telecom.
“As you know, Minister Clement speaks for the government on these issues. Should there be something to discuss, he will be the one to do so,” read an emailed response.
