Cable / Telecom News

O’Toole announces plan to lift non-existent ban on foreign ownership in telecom

By Amanda Oye OTTAWA – Conservative leader Erin O’Toole made an announcement in Ottawa today on the party’s plan to address cellphone and Internet prices in Canada, mistakenly claiming Canada currently bans foreign ownership of telecommunication companies in the country. “Canadians continue to pay some of the highest prices in the entire world for our cellphone and Internet access,” O’Toole said. “A big reason for high cellphone bills is a lack of competition.” O’Toole went on to say Canada needs more players in the market “to help improve wireless choice and affordability for consumers,” after which he claimed, “Canada currently...