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ARTICLE · 04 JULY 2008

Competition Policy Review Panel

McCarthy Tétrault
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In July 2007, the Canadian government appointed the Competition Policy Review Panel, chaired by former telecom industry executive L.R. (Red) Wilson, to review key elements of Canada’s competition and investment policies to ensure they are working effectively.

CanadaMedia, Telecoms, IT, Entertainment
Grant Buchanan
Grant Buchanan
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In July 2007, the Canadian government appointed the Competition Policy Review Panel, chaired by former telecom industry executive L.R. (Red) Wilson, to review key elements of Canada's competition and investment policies to ensure they are working effectively. Among the specific issues under examination are restrictions on foreign ownership in the Canadian telecommunications and broadcasting industries.

Currently, Canada imposes restrictions on foreign investors in the telecommunications and broadcasting sectors. The restrictions include the proportion of voting shares that non-Canadians can hold, directorship positions occupied by non-Canadians and the requirement that non-Canadians not have "control in fact" over the telecommunications or broadcasting entity. The restrictions derive from the Telecommunications Act, regulations under that Act and the Radiocommunication Act, and, in the case of

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