Competition panel gets it wrong

    OTTAWA, June 26 /CNW Telbec/ - "The competition panel's recommendation to
increase further foreign ownership of Canada's key industries demands
immediate assurance from the Prime Minister that Canada is not for sale," says
Dave Coles, president of Canada's largest telecommunications and media union,
the Communications, Energy and Paperworkers Union of Canada.
    "Retaining Canadian control is the best way to serve Canadian interests,"
he says. "Privacy for individuals and security for the nation are both
threatened by placing our critical telecommunications infrastructure into
foreign hands."
    "Canadians have a first-class telecommunications system, achieved by
keeping control in Canadian hands with concern for our own interests," adds
Mr. Coles. "A high level of foreign investment is already allowed at 46.7% of
telecom or media companies, and we don't lack for investment in the industry."
    CEP's Vice-President, Media, Peter Murdoch, says that "broadcasting and
telecommunications industries are essential for our sovereignty and security.
To hand them over to foreign investment is a quick step to integration with
the U.S. -- something Canadians are overwhelmingly against, as we've seen in
poll after poll."
    "This is not an economic decision it is politically motivated, and our
union plans on putting the issue front and center during the next election,"
he says, noting that the panel's five members were all from business with no
public-interest representation.
    "This continual pandering to the interests of large corporations will
come at a price for the Harper government."

For further information:

For further information: Dave Coles, (613) 299-5628; Peter Murdoch,
(905) 516-5720

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Communications, Energy and Paperworkers Union of Canada

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