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 2012 | Removal date: open ended
Still in force

FDI: Entry and ownership rule

The 2012 budget implementation bill (Bill C-38) amended section 16 of the Telecommunications Act to remove foreign ownership restrictions on carriers with less than a 10% market share based upon total Canadian telecommunications revenue. The amendments also permit exempt carriers to retain the exemption if they grow beyond the threshold by means other than mergers with, or acquisitions of, other carriers. 

AFFECTED COUNTRIES

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