The Economic Impact of The New Telecommunications Legislation Free Essay, Term Paper and Book Report
Canada has been transformed in recent years into an information based society. Nearly half of thelabour force in Canada works in occupations involving the collection and processing of information. In asociety in which information has become a commodity, communications provide a vital link that can meanthe difference between success or failure. Telecommunications is a fundamental infrastructure of theCanadian economy and society. For these reasons, an efficient and dynamic telecommunications industry isnecessary to ensure economic prosperity. Deregulating the Long Distance Industry is the only sure way toensure that prosperity.Telecommunications in Canada, which include services and manufacturing, employ more than 125,000people and generate over $21 billion in revenues (Dept. of Communications, 1992, p7). Telecommunicationshelps to overcome the obstacles of distance in a vast country such as Canada, permitting remotecommunities to benefit from services taken for granted in large urban centres. More than 98 percent ofCanadian households have a telephone, and there are more than 15 mill......
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Page Count: 5.1 (250 words a page / double spaced)
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