Canada orders telecom regulator to focus on bringing costs down - BNN Bloomberg

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Canada orders telecom regulator to focus on bringing costs down - BNN Bloomberg
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Prime Minister Justin Trudeau's government ordered Canada’s telecommunications regulator to focus on making internet access more affordable for consumers, a policy shift to help smaller firms compete with major providers.

Prime Minister Justin Trudeau’s government ordered Canada’s telecommunications regulator to focus on making internet access more affordable for consumers, a policy shift to help smaller firms compete with major providers.

“While progress has been made, Canadians still pay too much and see too little competition,” Industry Minister François-Philippe Champagne said in a statement. “These objectives will ensure that affordable access to high-quality, reliable and resilient telecommunications services, is available in all regions of Canada.”

Government officials said in a background briefing that the regulator, known as the Canadian Radio-television and Telecommunications Commission, will also try to make internet more affordable by ensuring that wholesale access is “available evenly across the market,” including on fiber-to-the-home networks like the kind owned by BCE and Telus Corp.

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