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: 01 Jan 2011 | Removal date: open ended
Still in force

FDI: Entry and ownership rule

A provision in the 2010 budget implementation bill (Bill C-9) removed foreign ownership restrictions on satellites. Satellites thus joined international submarine cables and satellite earth stations in not being subject to such restrictions. More specifically, section 2184(2) provided that subsection 16(5) of the Telecommunications Act was amended to provide that those restrictions 'do not apply in respect of the ownership or operation of (a) international submarine cables; (b) earth stations that provide telecommunications services by means of satellites; or (c) satellites.'

AFFECTED COUNTRIES

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