Canadian telecom regs behind the times, BCE's Sabia says

MONTREAL – Canada’s telecommunications regulations aren’t keeping up with innovation and are harming the country’s competitiveness, says Michael Sabia, president and CEO of Bell Canada Enterprises. “In telecom, the regulatory environment is trailing the times. Stifling innovation. Limiting consumer choice,” Sabia told the Canadian Club in Montreal today. “A few months ago, Bernier issued a clear directive to let market forces determine outcomes in telecommunications. It’s time to bring regulatory practice into line with government policy.” Speaking about the broader information and communications technology sector, Sabia said Canadian companies are investing only about two-thirds of what their U.S. counterparts are....