- Christian Paradis - Industry Minister
In 2009 Canada's Globalive, with the financial backing of Orascom attempted to launch Wind Mobile in major Canadian centers. At the time, the CRTC ruled that Orascom in effect ran Globalive due to the size of their investment in the venture, effectively preventing them from operating.
However, the Governor in Council (acting on suggestion of Tony Clement, Industry Minister of Canada) concluded that since Canadians owned 66% of the voting shares, that they were controlled by Canadians, and allowed them to launch Wind Mobile.
In little more than one year, Wind Mobile has launched in 5 major cities across the country, has signed up over approximately 300,000 subscribers, invested hundreds of millions in our economy during an economic downturn, and has provided competition and more choices for wireless customers.
On February 4, 2011, the Federal Court ruled in a suit brought by competitors Public Mobile and Telus, that the Governor in Council's decision overriding the CRTC's decision was improper. Wind was granted a 45-day stay of the decision to file arguments.
There are thousands of jobs that are at risk, as well as the unlimited plans with no surprise fees that Wind Mobile has provided since their launch.
We, the undersigned, call on the Government of Canada to change foreign ownership rules to allow Wind Mobile to continue operating as currently structured, and to allow for more foreign investment in the Canadian telecom sector.
The Change foreign ownership regulations for the telecom sector petition to Christian Paradis - Industry Minister was written by william wilhelm and is in the category Law Reform at GoPetition.