According to a new report from Global News, Canadians could see cheaper wireless cellphone plans following NAFTA negotiations.
One of the Trump Administration’s proposals for the renegotiation aims to make it easier for telecoms in the United States to do business in Canada. In a statement Walid Hejazi, a professor with the Rotman School of Management at the University of Toronto, said:
“Canadian consumers would ultimately benefit from this. It gives consumers more variety and lower prices.”
The NAFTA negotiations were released yesterday and aim to provide “fair and open conditions” in the telecommunications industry.
Canada’s telecom market is currently dominated by three providers: Bell, Rogers and Telus. The domination by these three players has made it difficult for foreign players to compete, which greatly impacts customer experience.
In 2016, the CRTC reported that Canadians are paying some of the highest prices for basic wireless service in the G7 nations.