Lifting limits on foreign investment would bring money, skills to industry
Canada should scrap all restrictions on foreign companies entering the telecom market to encourage competition and maximize gain for consumers, an influential research group said on Monday. In a new report, the SeaBoard Group called for the federal government to lift limitations on foreign investment in the sector, a move which, it said, would inject fresh capital and know-how into the industry. The report comes as Industry Canada is considering possible amendments to current telecom laws dating back to 1993.