If federal government really wants telecom competition, foreign investment restrictions must go

VANCOUVER – A new report from The Fraser Institute this morning says that Ottawa will only achieve its stated goal of providing Canadians with more choice and competition in the wireless marketplace if it removes restrictions on foreign ownership of telecommunication companies. “The goal of achieving and maintaining a competitive market is not the same as having a minimum number of competing firms,” said Steven Globerman, Fraser Institute senior fellow and Kaiser Professor of International Business at Western Washington University, in the official press release. “By setting up rules that handicap the three large Canadian telecoms and favour small or...