The Governor-in-Council has ordered an Investment Canada Act section 15 review of Apple Canada’s iBookstore. The review of the cultural investment may help explain the delay in the full launch of Apple online bookstore for the iPad.
Post Tagged with: "foreign investment"
The government has launched a new public consultation that opens the door to changes to the foreign investment restrictions in the book publishing, distribution, and retail sectors.
The Globe reports that the wireless sector is at the forefront of the government's foreign investment deregulation plans. The issue was the subject of considerable confusion following mixed signals from the Speech from the Throne and the budget.
The government appears to be backtracking on quickly opening the Canadian telecom market to foreign investment. Industry Minister Tony Clement's press secretary now says "our government will also be investigating the existing restrictions for the telecommunications industry. This is a complex issue involving changes to business models, rapidly evolving technology, […]