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2012 proved to be a highly eventful year for foreign investment law in Canada. Although numerous foreign investments by SOEs in the Canadian energy sector
Just before recessing for the summer, Parliament passed amendments to the Telecommunications Act that removed foreign ownership requirements for all but the largest Canadian telecommunications carriers
As part of its plan to auction rights for the 700 MHz spectrum band, the Canadian government announced yesterday that it plans to amend the Telecommunications Act to lift foreign investment restrictions for telecommunications companies holding less than a 10 per-cent share of the total Canadian telecommunications market
As noted in the last Telecommunications Law Update, the Speech from the Throne delivered on March 3 raised expectations by revealing the federal government's intention to "open Canada's doors further to venture capital and to foreign investment in key sectors, including the satellite and telecommunications industries, giving Canadian firms access to the funds and expertise they need."
