{"id":8950,"date":"2016-01-13T10:19:05","date_gmt":"2016-01-13T15:19:05","guid":{"rendered":"http:\/\/mhgoldberg.com\/blog\/?p=8950"},"modified":"2016-01-13T10:19:05","modified_gmt":"2016-01-13T15:19:05","slug":"ownership-rules-for-canadian-telecoms","status":"publish","type":"post","link":"https:\/\/mhgoldberg.com\/blog\/?p=8950","title":{"rendered":"Ownership rules for Canadian telecoms"},"content":{"rendered":"

With Shaw Media being acquired by Corus<\/a>, it might be worthwhile to review the ownership requirements in the Canadian communications industry.<\/p>\n

Both Shaw and Corus are controlled by the Shaw family although both companies are publicly traded (SJR.B and CJR.B respectively on the Toronto Exchange).<\/p>\n

Shaw is being characterized now as focused on telecom<\/a>, while Corus will have the broadcasting assets. However, from a regulatory perspective, Shaw’s cable TV service is considered to be a “Broadcast Distribution Undertaking” and as such, it is governed by the Broadcast Act<\/a>. The rest of Shaw’s operations fall under the Telecom Act<\/a>.<\/p>\n

Under the Broadcast Act<\/a>, foreign control simply is not permitted:<\/p>\n

3 (1) It is hereby declared as the broadcasting policy for Canada that
\n(a) the Canadian broadcasting system shall be effectively owned and controlled by Canadians;
\n…<\/p><\/blockquote>\n

The Telecom Act allows<\/a> companies that have less than 10% of Canada’s total telecommunications services revenues to be exempted from foreign ownership restrictions. A foreign owned telecom company is permitted to grow organically beyond the 10% threshold, but it may not do so through acquisitions. <\/p>\n

The latest Communications Monitoring Report<\/a> from the CRTC showed $45.9B in total telecommunications services revenues (2014). Shaw’s 2015 annual financial reports<\/a> indicated revenues of $5.488B, of which $1.080 came from Media, leaving revenues of $4.408B, including cable TV (which would be a substantial portion of the $3.752 in Consumer revenue. <\/p>\n

So, while Shaw has less than 10% of Canada’s telecommunications services revenues, broadcast distribution continues to be a poison pill that would block foreign control of the company.<\/p>\n","protected":false},"excerpt":{"rendered":"

With Shaw Media being acquired by Corus, it might be worthwhile to review the ownership requirements in the Canadian communications industry. Both Shaw and Corus are controlled by the Shaw family although both companies are publicly traded (SJR.B and CJR.B respectively on the Toronto Exchange). Shaw is being characterized now as focused on telecom, while …<\/p>\n

Ownership rules for Canadian telecoms<\/span> Read More »<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_uag_custom_page_level_css":"","two_page_speed":[],"footnotes":""},"categories":[1],"tags":[],"class_list":["post-8950","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"yoast_head":"\nOwnership rules for Canadian telecoms • Telecom Trends<\/title>\n<meta name=\"description\" content=\"With Shaw Media being acquired by Corus, it might be worthwhile to review the ownership requirements in the Canadian communications industry. Both Shaw • January 13, 2016\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/mhgoldberg.com\/blog\/?p=8950\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Ownership rules for Canadian telecoms • Telecom Trends\" \/>\n<meta property=\"og:description\" content=\"With Shaw Media being acquired by Corus, it might be worthwhile to review the ownership requirements in the Canadian communications industry. Both Shaw • January 13, 2016\" \/>\n<meta property=\"og:url\" content=\"https:\/\/mhgoldberg.com\/blog\/?p=8950\" \/>\n<meta property=\"og:site_name\" content=\"Telecom Trends\" \/>\n<meta property=\"article:published_time\" content=\"2016-01-13T15:19:05+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/mhgoldberg.com\/blog\/wp-content\/uploads\/2021\/02\/mark_logo_png.png\" \/>\n\t<meta property=\"og:image:width\" content=\"3484\" \/>\n\t<meta property=\"og:image:height\" content=\"1444\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Mark\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@mark_goldberg\" \/>\n<meta name=\"twitter:site\" content=\"@mark_goldberg\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Mark\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/mhgoldberg.com\\\/blog\\\/?p=8950#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/mhgoldberg.com\\\/blog\\\/?p=8950\"},\"author\":{\"name\":\"Mark\",\"@id\":\"https:\\\/\\\/mhgoldberg.com\\\/blog\\\/#\\\/schema\\\/person\\\/7a2b80bac06ee3d5cacca8c7708bfe8f\"},\"headline\":\"Ownership rules for Canadian telecoms\",\"datePublished\":\"2016-01-13T15:19:05+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/mhgoldberg.com\\\/blog\\\/?p=8950\"},\"wordCount\":255,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/mhgoldberg.com\\\/blog\\\/#organization\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/mhgoldberg.com\\\/blog\\\/?p=8950#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/mhgoldberg.com\\\/blog\\\/?p=8950\",\"url\":\"https:\\\/\\\/mhgoldberg.com\\\/blog\\\/?p=8950\",\"name\":\"Ownership rules for Canadian telecoms • Telecom Trends\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/mhgoldberg.com\\\/blog\\\/#website\"},\"datePublished\":\"2016-01-13T15:19:05+00:00\",\"description\":\"With Shaw Media being acquired by Corus, it might be worthwhile to review the ownership requirements in the Canadian communications industry. Both Shaw • January 13, 2016\",\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/mhgoldberg.com\\\/blog\\\/?p=8950\"]}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/mhgoldberg.com\\\/blog\\\/#website\",\"url\":\"https:\\\/\\\/mhgoldberg.com\\\/blog\\\/\",\"name\":\"Telecom Trends\",\"description\":\"A Canadian perspective on trends in telecom\",\"publisher\":{\"@id\":\"https:\\\/\\\/mhgoldberg.com\\\/blog\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/mhgoldberg.com\\\/blog\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/mhgoldberg.com\\\/blog\\\/#organization\",\"name\":\"Mark H Goldberg & Associates Inc.\",\"url\":\"https:\\\/\\\/mhgoldberg.com\\\/blog\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/mhgoldberg.com\\\/blog\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/mhgoldberg.com\\\/blog\\\/wp-content\\\/uploads\\\/2021\\\/02\\\/mark_logo_png.png\",\"contentUrl\":\"https:\\\/\\\/mhgoldberg.com\\\/blog\\\/wp-content\\\/uploads\\\/2021\\\/02\\\/mark_logo_png.png\",\"width\":3484,\"height\":1444,\"caption\":\"Mark H Goldberg & Associates Inc.\"},\"image\":{\"@id\":\"https:\\\/\\\/mhgoldberg.com\\\/blog\\\/#\\\/schema\\\/logo\\\/image\\\/\"},\"sameAs\":[\"https:\\\/\\\/x.com\\\/mark_goldberg\"]},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/mhgoldberg.com\\\/blog\\\/#\\\/schema\\\/person\\\/7a2b80bac06ee3d5cacca8c7708bfe8f\",\"name\":\"Mark\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/351a7c78c378da7db6aac956985487573ab74c25cb83c460c715fa6d0fcfa7d2?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/351a7c78c378da7db6aac956985487573ab74c25cb83c460c715fa6d0fcfa7d2?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/351a7c78c378da7db6aac956985487573ab74c25cb83c460c715fa6d0fcfa7d2?s=96&d=mm&r=g\",\"caption\":\"Mark\"},\"description\":\"Mark Goldberg has more than 40 years of international experience in strategic planning, managing, designing and implementing telecommunications carrier networks.\",\"sameAs\":[\"http:\\\/\\\/www.mhgoldberg.com\",\"https:\\\/\\\/x.com\\\/mark_goldberg\"]}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Ownership rules for Canadian telecoms • Telecom Trends","description":"With Shaw Media being acquired by Corus, it might be worthwhile to review the ownership requirements in the Canadian communications industry. Both Shaw • January 13, 2016","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/mhgoldberg.com\/blog\/?p=8950","og_locale":"en_US","og_type":"article","og_title":"Ownership rules for Canadian telecoms • Telecom Trends","og_description":"With Shaw Media being acquired by Corus, it might be worthwhile to review the ownership requirements in the Canadian communications industry. Both Shaw • January 13, 2016","og_url":"https:\/\/mhgoldberg.com\/blog\/?p=8950","og_site_name":"Telecom Trends","article_published_time":"2016-01-13T15:19:05+00:00","og_image":[{"width":3484,"height":1444,"url":"https:\/\/mhgoldberg.com\/blog\/wp-content\/uploads\/2021\/02\/mark_logo_png.png","type":"image\/png"}],"author":"Mark","twitter_card":"summary_large_image","twitter_creator":"@mark_goldberg","twitter_site":"@mark_goldberg","twitter_misc":{"Written by":"Mark","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/mhgoldberg.com\/blog\/?p=8950#article","isPartOf":{"@id":"https:\/\/mhgoldberg.com\/blog\/?p=8950"},"author":{"name":"Mark","@id":"https:\/\/mhgoldberg.com\/blog\/#\/schema\/person\/7a2b80bac06ee3d5cacca8c7708bfe8f"},"headline":"Ownership rules for Canadian telecoms","datePublished":"2016-01-13T15:19:05+00:00","mainEntityOfPage":{"@id":"https:\/\/mhgoldberg.com\/blog\/?p=8950"},"wordCount":255,"commentCount":0,"publisher":{"@id":"https:\/\/mhgoldberg.com\/blog\/#organization"},"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/mhgoldberg.com\/blog\/?p=8950#respond"]}]},{"@type":"WebPage","@id":"https:\/\/mhgoldberg.com\/blog\/?p=8950","url":"https:\/\/mhgoldberg.com\/blog\/?p=8950","name":"Ownership rules for Canadian telecoms • Telecom Trends","isPartOf":{"@id":"https:\/\/mhgoldberg.com\/blog\/#website"},"datePublished":"2016-01-13T15:19:05+00:00","description":"With Shaw Media being acquired by Corus, it might be worthwhile to review the ownership requirements in the Canadian communications industry. Both Shaw • January 13, 2016","inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/mhgoldberg.com\/blog\/?p=8950"]}]},{"@type":"WebSite","@id":"https:\/\/mhgoldberg.com\/blog\/#website","url":"https:\/\/mhgoldberg.com\/blog\/","name":"Telecom Trends","description":"A Canadian perspective on trends in telecom","publisher":{"@id":"https:\/\/mhgoldberg.com\/blog\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/mhgoldberg.com\/blog\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/mhgoldberg.com\/blog\/#organization","name":"Mark H Goldberg & Associates Inc.","url":"https:\/\/mhgoldberg.com\/blog\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/mhgoldberg.com\/blog\/#\/schema\/logo\/image\/","url":"https:\/\/mhgoldberg.com\/blog\/wp-content\/uploads\/2021\/02\/mark_logo_png.png","contentUrl":"https:\/\/mhgoldberg.com\/blog\/wp-content\/uploads\/2021\/02\/mark_logo_png.png","width":3484,"height":1444,"caption":"Mark H Goldberg & Associates Inc."},"image":{"@id":"https:\/\/mhgoldberg.com\/blog\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/x.com\/mark_goldberg"]},{"@type":"Person","@id":"https:\/\/mhgoldberg.com\/blog\/#\/schema\/person\/7a2b80bac06ee3d5cacca8c7708bfe8f","name":"Mark","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/351a7c78c378da7db6aac956985487573ab74c25cb83c460c715fa6d0fcfa7d2?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/351a7c78c378da7db6aac956985487573ab74c25cb83c460c715fa6d0fcfa7d2?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/351a7c78c378da7db6aac956985487573ab74c25cb83c460c715fa6d0fcfa7d2?s=96&d=mm&r=g","caption":"Mark"},"description":"Mark Goldberg has more than 40 years of international experience in strategic planning, managing, designing and implementing telecommunications carrier networks.","sameAs":["http:\/\/www.mhgoldberg.com","https:\/\/x.com\/mark_goldberg"]}]}},"uagb_featured_image_src":{"full":false,"thumbnail":false,"medium":false,"medium_large":false,"large":false,"1536x1536":false,"2048x2048":false,"tenweb_optimizer_mobile":false,"tenweb_optimizer_tablet":false},"uagb_author_info":{"display_name":"Mark","author_link":"https:\/\/mhgoldberg.com\/blog\/?author=1"},"uagb_comment_info":0,"uagb_excerpt":"With Shaw Media being acquired by Corus, it might be worthwhile to review the ownership requirements in the Canadian communications industry. Both Shaw and Corus are controlled by the Shaw family although both companies are publicly traded (SJR.B and CJR.B respectively on the Toronto Exchange). Shaw is being characterized now as focused on telecom, while…","_links":{"self":[{"href":"https:\/\/mhgoldberg.com\/blog\/index.php?rest_route=\/wp\/v2\/posts\/8950","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mhgoldberg.com\/blog\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mhgoldberg.com\/blog\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mhgoldberg.com\/blog\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/mhgoldberg.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=8950"}],"version-history":[{"count":0,"href":"https:\/\/mhgoldberg.com\/blog\/index.php?rest_route=\/wp\/v2\/posts\/8950\/revisions"}],"wp:attachment":[{"href":"https:\/\/mhgoldberg.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=8950"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mhgoldberg.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=8950"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mhgoldberg.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=8950"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}