Economy 52,915 Posted August 16, 2020 Share Posted August 16, 2020 https://www.bnnbloomberg.ca/crtc-may-have-erred-with-wholesale-rate-decision-minister-1.1480396 Canada which passed legislation some time ago to try and control internet rates from service providers to prevent prices from going above certain rates is now causing problems in rural areas In many small towns or isolated communities the cost of running services per customer is much higher. With the new price controls there is no profit in many of these areas As a result many companies are no longer expanding or upgrading infrastructure in such communities which are being left out of important upgrades and being left with unreliable or slow internet Link to post Share on other sites More sharing options...
Economy 52,915 Posted August 16, 2020 Author Share Posted August 16, 2020 It would of been better if the Government stopped listening to lobbiests in Canada's Telecom monopolies and just allowed competition like a normal industry When Verizon wanted to come to Canada why the hell did they block it???????? They listened to the stupid Canadian giants acting like foreign companies are such a bad thing Price controls are always a messy thing. Supply and demand dynamics, costs etc are in a state of constant flux and change and even vary from company to company. The Government can almost never manage price controls well and just causes crap to happen Venezuela tried price controls to control inflation and they just made it worse. Link to post Share on other sites More sharing options...
SeIena Gomez 1,609 Posted August 16, 2020 Share Posted August 16, 2020 Another example of the poor being failed by the governments of the world. Rich get richer and poor get poorer How are people going to get out of poverty if they have no resources to do things like research and studying going off on one here but: less people able to learn and go into further education > less qualified people in industries > governments seeking people outside the country to fill those places instead literally happening in the U.K. right now with nursing which gives the government the option to pick and choose who enters and who leaves mess. Link to post Share on other sites More sharing options...
Chromatography 10,186 Posted August 16, 2020 Share Posted August 16, 2020 18 minutes ago, SeIena Gomez said: Another example of the poor being failed by the governments of the world. Rich get richer and poor get poorer How are people going to get out of poverty if they have no resources to do things like research and studying exactly Link to post Share on other sites More sharing options...
Woolfsmck 2,763 Posted August 16, 2020 Share Posted August 16, 2020 26 minutes ago, Economy said: It would of been better if the Government stopped listening to lobbiests in Canada's Telecom monopolies and just allowed competition like a normal industry When Verizon wanted to come to Canada why the hell did they block it???????? They listened to the stupid Canadian giants acting like foreign companies are such a bad thing Price controls are always a messy thing. Supply and demand dynamics, costs etc are in a state of constant flux and change and even vary from company to company. The Government can almost never manage price controls well and just causes crap to happen Venezuela tried price controls to control inflation and they just made it worse. Why not go Bernie and AOC socialist? Tax the **** out of everyone ...then make the internet "free" .. ???? 😀😀😀 like a cat in a sil, I observe life, moving and still. My words give a clue,look inside to see whats true Link to post Share on other sites More sharing options...
Economy 52,915 Posted August 16, 2020 Author Share Posted August 16, 2020 26 minutes ago, Woolfsmck said: Why not go Bernie and AOC socialist? Tax the **** out of everyone ...then make the internet "free" .. ???? 😀😀😀 Our Left Wing NDP probably would too But I don't think they've ever won Federally Link to post Share on other sites More sharing options...
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