Bernier says government will open telecom industry to foreign investment

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...