Cable / Telecom News

Throne Speech: Feds to open gates to foreign ownership in telecom, satellite. No word on broadcast

OTTAWA – In the Speech from the Throne to open the latest, delayed, session of parliament, the federal government has committed to allow more foreign investment in telecom and satellite in Canada.While saying the government “will launch a digital economy strategy to drive the adoption of new technology across the economy. To encourage new ideas and protect the rights of Canadians whose research, development and artistic creativity contribute to Canada’s prosperity, our Government will also strengthen laws governing intellectual property and copyright,” it also added:“Our Government will open Canada’s doors further to venture capital and to foreign investment in key...