Canada says too soon to open big telecoms to foreign investors

OTTAWA, March 7 Thu Mar 7, 2013 2:22pm GMT

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OTTAWA, March 7 (Reuters) - Canada said on Thursday it was too early to talk about lifting foreign ownership restrictions on large telecommunications firms, and public consultations would have to be held before seriously considering such a move.

"What we understand is that we would have to hold public consultations. We're not there yet," said Industry Minister Christian Paradis, following an announcement on the date and rules for an auction of prized 700 MHz spectrum.


After wave of QE, onus shifts to leaders to boost economy

DAVOS, Switzerland - Central banks have done their best to rescue the world economy by printing money and politicians must now act fast to enact structural reforms and pro-investment policies to boost growth, central bankers said on Saturday.