Foreign ownership consult officially open

OTTAWA – As he said he would earlier this week, Minister of Industry Tony Clement today announced the launch of a public consultation on foreign investment restrictions in the Canadian telecommunications sector.“Our goal is to encourage investment, innovation and competition in the telecommunications sector for the benefit of both businesses and consumers,” said Minister Clement in the press release. “We look forward to receiving Canadians’ views on this important issue.”In the Speech from the Throne and Budget 2010: Leading the Way on Jobs and Growth, the Government of Canada committed to opening Canada’s doors further to venture capital and to...