Opening up Canada’s market to foreign telecommunications companies will lead to lower prices for internet and cell phone plans, increase overall economic growth, and could even boost the stock prices of domestic giants like Rogers, Telus and Bell, according to a federal government analysis.
The analysis, classified secret, was prepared for senior government officials overseeing the rewriting of the Telecommunications Act and the Broadcasting Act, both of which limit foreign companies’ ability to sell internet or mobile phone plans in Canada.
Multiple documents prepared for officials conducting that review, obtained by The Logic via access-to-information requests, suggest a fundamental overhaul of how Canada’s telecommunications sector is regulated and identify best practices from other countries that Canada could adopt.
