Ottawa

Vive le market libre

Justin Trudeau laments for the Harper government’s treatment of foreign investors. And Marc Garneau calls for foreign investment in telecommunications.

I would maintain restrictions on foreign ownership in broadcasting because of cultural and content implications to ensure continued production and broadcast of Canadian shows and content for television, film and new media. But I would open the doors on telecommunications. In Germany, Sweden, Italy, even France, there exist no restrictions on foreign investment in telecommunications. It is time for Canada to enter fully into the global market as well.

Let’s compete with the best and let competition bring new ideas, entice investment in new technologies, create new jobs in Canada and drive down the costs of our wireless bills. If a Vodaphone or a Verizon enters Canada and offers Canadians new choices, new options, all the better. New entrants will invest in new advanced networks benefiting Canadian consumers and businesses alike. The investment will support continued innovation in the digital economy, improve Canadian competitiveness and help create jobs.

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