Canada telecoms regulator opposes foreign control

VANCOUVER, April 13 (BestGrowthStock) – The head of Canada’s
broadcast and telecommunications regulator urged lawmakers on
Tuesday to keep in place rules banning foreigners from owning
majority stakes in and controlling the country’s telecoms and
broadcasting companies.

“The control of the communications sector should stay in
Canadian hands,” Konrad von Finckenstein, chairman of the
Canadian Radio-television and Telecommunications Commission
(CRTC), told a parliamentary committee.

He said rules governing ownership of Canada’s broadcast and
telecoms sectors should be simplified.
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(Reporting by Nicole Mordant; editing by Peter Galloway)

Canada telecoms regulator opposes foreign control