IMPLEMENTATION LEVEL

National

AFFECTED FLOW

Inflow

ANNOUNCED AS TEMPORARY

No

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

all

JUMBO

No

TARIFF PEAK

No
← back to the state act
Inception date: 12 Jul 2010 | Removal date: open ended
Still in force

FDI: Entry and ownership rule

Canada lifted equity restrictions on foreign ownership of Canadian satellites used for telecommunications services. The elimination of the foreign equity restrictions on satellite services were in the 2010 Federal Budget omnibus legislation passed by Parliament on July 12, 2010. Section 2184 of Bill C-9 (Jobs and Economic Growth Act) amended the Telecommunications Act to allow foreign ownership of satellites.

AFFECTED COUNTRIES

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