Carney’s Starlink Warning Puts Canada’s $5 Billion Telesat Bet in Focus
Ottawa has lined up more than $5 billion in federal loans and contracts for Telesat's Lightspeed satellite network, and Prime Minister Mark Carney now says the Starlink slowdown in Ukraine shows why the country needs an alternative it controls. The largest piece is a $2.14 billion repayable federal loan signed in September 2024, which also...
