CANADA: Government likely to announce telecom Canada foreign ownership rules in Canada

Thursday February 2 2012

It has been reported that within the next few weeks the Canadian Government could clarify the rules for Canada foreign investment in the telecommunications sector and outline plans for an upcoming auction of wireless spectrum. The move is expected to offer some eagerly awaited clarity for telecom investors impatient with the government’s foot-dragging over new Canada foreign ownership regulations. Paradis will clarify the investment rules at the same time as he releases plans for an upcoming auction of prized 700 MHz wireless spectrum.

This information will be updated as further details becomes available.