Asked CRTC to craft new rules to force major providers to sell access to their networks at regulated rates
Author of the article:
Justin Trudeau’s government has issued a new policy that tries to make internet access less expensive in Canada by changing the rules for companies that own large communications networks.
The government has asked the country’s telecommunications regulator to craft new rules that would force major providers such as BCE Inc. and Rogers Communications Inc. to sell access to their networks at regulated rates that will lead to “better prices and more choices” for consumers.
Under the new directive, the Canadian Radio-television and Telecommunications Commission will also have to “ensure that wholesale internet access is available evenly across the market” and at speeds that consumers want.
Rogers-Shaw deal clears major hurdle after CRTC approves merger, with conditions
All this talk about the Big Three, the spectrum auction and 5G — what does it all mean?
‘Tombstone on the grave of telecom competition’: CRTC’s latest ruling spells ‘dark period’ for smaller operators
CRTC takes ‘smallest possible step’ towards opening up wireless market to competition, say small players
The proposal may help smaller companies that currently lease network capacity from Canada’s big telecommunications companies and resell internet services to consumers.
The government aims to finalize the policy direction by this fall. It didn’t elaborate on specific details of the plan, and meaning it will be difficult to determine financial implications for telecommunications companies.
Financial Post Top Stories
Sign up to receive the daily top stories from the Financial Post, a division of Postmedia Network Inc.
By clicking on the sign up button you consent to receive the above newsletter from Postmedia Network Inc. You may unsubscribe any time by clicking on the unsubscribe link at the bottom of our emails. Postmedia Network Inc. | 365 Bloor Street East, Toronto, Ontario, M4W 3L4 | 416-383-2300