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by oliwary
1445 days ago
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Maybe re-examine the foreign ownership rules for telecommunications companies... "As it stands now, foreign ownership of a telecommunications company is limited to no more than 20 per cent of a company’s voting shares and no more than 33.3 per cent of the voting shares of a carrier’s holding company, and an effective total limit of 46.7 per cent (as long as the foreign entity doesn’t have control). On top of that, at least 80 per cent of the board members must be Canadian citizens." [0] (Although seems not to apply to small actors under 10 percent of the market share anymore) [0] https://financialpost.com/telecom/tight-reins-leaves-our-tel... |
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The industry is large/stable enough to allow 100% foreign ownership.