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Good news for those who's fed up with Bell, Rogers wireless.

mac

Well-known member
Aug 19, 2001
2,973
319
83
i don't understand Canadian ownership requirements as it relates to the cell phone business??? What national interests exactly are we trying to protect anyway??
 

Tony321

New member
Dec 10, 2007
344
0
0
What Canadian ownership? I think CRTC should look at Rogers and see how much US investors are funding this company. The next thing for this government to do is to let in foreign banks.
 

Horney_Senior

Member
Dec 12, 2003
710
0
16
South-east Asia
What Canadian ownership? I think CRTC should look at Rogers and see how much US investors are funding this company. The next thing for this government to do is to let in foreign banks.
Maybe you haven't noticed what's happening in banking lately. The foreign banks have been going tits up like crazy and getting big government (taxpayer) subsidies. Canadian banks have survived without handouts.
 

Tony321

New member
Dec 10, 2007
344
0
0
Maybe you haven't noticed what's happening in banking lately. The foreign banks have been going tits up like crazy and getting big government (taxpayer) subsidies. Canadian banks have survived without handouts.
So is that why we don't let foreign banks in? because they go tits up? I don't get it. Maybe you mean its safer without the foreign banks because when our banks loss money like the foreign banks, they just increase fees to make up for their loss.

If the Canadian Banks are as good as they say, then I don't think a little competition will hurt.
 

luckyjackson

Active member
Aug 19, 2001
1,505
2
38
What Canadian ownership? I think CRTC should look at Rogers and see how much US investors are funding this company. The next thing for this government to do is to let in foreign banks.
Yes sure, long as they're subject to the same regulations.
 

my2cents

Just Horny
Aug 22, 2001
807
0
16
between the sheets
Maybe you haven't noticed what's happening in banking lately. The foreign banks have been going tits up like crazy and getting big government (taxpayer) subsidies. Canadian banks have survived without handouts.
Yes the taxpayers helped the banks here! Don't you remember the government bought up mortgages from them so they wouldn't have any risk on their books. The banks here were the first to get governement assistance of course the auto bail out over shadowed the bank bailout maybe that is why people forget.
 

JohnLarue

Well-known member
Jan 19, 2005
18,670
4,175
113
Yes the taxpayers helped the banks here! Don't you remember the government bought up mortgages from them so they wouldn't have any risk on their books. The banks here were the first to get governement assistance of course the auto bail out over shadowed the bank bailout maybe that is why people forget.
That was not a hand out
The CAD govt bought assets to inject liquidity at a time when liquidity was not available.
The CAD govt stands to make a nice tidy profit on this deal
 

my2cents

Just Horny
Aug 22, 2001
807
0
16
between the sheets
That was not a hand out
The CAD govt bought assets to inject liquidity at a time when liquidity was not available.
The CAD govt stands to make a nice tidy profit on this deal
Yes and liquidity did not appear,from the banks, for the businesses who needed it and they all asked "where was their handout?" Credit remained tight even after the government injected tax dollars to the banks.
Besides the banks also got to mortgage alot of Federal buildings that were paid off so now us taxpayers are paying mortgages that we had paid off. The Feds sold off our assests to the banks and we are seeing personally how much of a return on those sales....yea just like each taxpayer saw a rebate for each share they owned in Air Canada when it was sold.
 

skyfire

Member
Mar 22, 2004
168
0
16
i don't understand Canadian ownership requirements as it relates to the cell phone business??? What national interests exactly are we trying to protect anyway??
I see it the same way for TV. I would love to have Direct TV from the US...TV programming so much better than here...but the commies won't allow us!!
 
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