Friday, February 4, 2011

Opening up Canada's internet provider market?

National News Watch is claiming that Maxime Bernier "let the cat out of the bag" by revealing government plans to open the ISP market to foreign investors.

The link on the National News Watch site doesn't seem to be working, but here is the text that is visible on the home page:

Maxime Bernier reveals Clement's ISP plans
NNW: During an interview Friday with Halifax talk radio show host Jordi Morgan, Maxime Bernier revealed that Tony Clement plans to introduce legislation that will open the ISP market to foreign companies... Bernier was responding to a question on whether or not he agrees with his government's position on Internet usage-based billing..
As of yet there is no confirmation but if it is true then it would be a powerful step forward. It will bring in more investment and competition to take on the government protected oligopolies.

I've heard Tony Clement call himself the "consumer minister." Considering the benefits that a more open market will bring to the consumers, Minister Clement may be earning that title.

*Update*

This is what Mr. Bernier said according to Canada.com:

"First of all, we need more competition, and the way to have more competition is to open foreign investment, foreign ownership in the telecom (industry) in Canada, we don’t have that, and I think that (current industry minister) Tony (Clement) wants to bring legislation before the Parliament, and I hope he’ll do that as soon as possible. That’s the solution in telecom, having more players. You’re going to have more choices, and you’re going to have lower prices, so in dealing with different parts of the telecom industry, like the decision of the CRTC, it’s dealing (with) that block by block, and I think the way to deal with it is on the global … look at the global picture, and we need more competition, and the easiest way to do it, (is to) open to foreign investment. There’s a lot of companies out there who want to give good services to Canadian."

Also this is the statement given by Minister Clement's office:

Clement's office issued the following response by email: "As you know, Minister Clement speaks for the government on these issues. Should there be something to discuss, he will be the one to do so."

1 comments:

Zainab said...

Nice Sharing. Visit us to find latest jobs from top companies and top newspapers at http://toppakjobs.blogspot.com