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All Foreign Ownership Articles — 2009

Dec 17, 2009 — News Article: CanWest scores a win in specialty channels fight by Andrew Willis

CanWest has rebuffed an attempt by Goldman Sachs to put a hammerlock on the media company's specialty television networks.

Dec 16, 2009 — News Article: Are foreign-ownership rules in the public interest?

Editorial says it's time for a new national debate on such ownership restrictions, and what really constitutes the national interest.

Dec 14, 2009 — News Article: Troubling move on cellphones

Telus executive says the government has opened "Pandora's Pox" and set a precedent that could affect the foreign ownership rules in other industries, such as broadcasting.

Dec 13, 2009 — News Article: Globalive rewrites foreign-ownership rules, opposition warns

The Conservative government insists the Globalive decision was a "one-off", and does not a change the policy restricting foreign-controlled companies from entering Canada's telecommunications industry.

Dec 11, 2009 — News Article: The impact of the Globalive decision and the relevance of the CRTC

FRIENDS spokesperson Ian Morrison discusses the Conservative government's decision to overturn a CRTC ruling.

Dec 11, 2009 — News Article: Ottawa rewrites rules on telecom ownership by Grant Robertson

Ottawa has decided to let Globalive become the country's newest cellphone company, even though the company is mostly owned by Egyptian wireless giant Orascom Telecom.

Dec 11, 2009 — News Article: Mobile Company Wins Right to Offer Wireless in Canada by Ian Austen

The Canadian government has overruled its telecom regulator and declared a start-up wireless carrier financed largely by an Egyptian company to be Canadian.

Dec 11, 2009 — News Article: Caprice no way to run the telco game by Derek DeCloet

Columnist says the Tories have done an end-run around Parliament to change the structure of the telecommunications industry, with massive implications.

Dec 8, 2009 — News Article: Canwest defends specialty TV move by Jamie Sturgeon

Canwest says it acted within its legal rights to bring its shares in specialty television channels it co-owns with Goldman Sachs & Co. into its creditor-protection proceedings.

Dec 8, 2009 — News Article: Canwest, Goldman trade punches in court by Etan Vlessing

Canwest argues that financing partner Goldman Sachs & Co. has threatened its restructuring.

Dec 8, 2009 — News Article: Canwest, Goldman eye compromise by Andrew Willis

Court documents show that Goldman Sachs has offered to suspend its right to sell the specialty TV business if CanWest keeps the division separate from television units.

Dec 3, 2009 — News Article: Clement admits 'some urgency' needed on Globalive decision by Jamie Sturgeon

The federal Industry Minister says there is "some urgency" required in determining whether he will overturn a regulatory ruling and allow a foreign-owned cellphone firm to launch.

Nov 27, 2009 — News Article: Goldman locks horns with CanWest over bankruptcy action by Iain Marlow

U.S. investment bank says Canwest's decision to dissolve its jointly held holding company was 'unfairly prejudicial'

Nov 26, 2009 — News Article: Canwest, Goldman Sachs battle heats up by Etan Vlessing

Canwest tells an Ontario court it was forced to put 13 cable channels under creditor protection to stop Wall Street partner Goldman Sachs from selling its "crown jewels."

Nov 26, 2009 — News Article: Globalive: No ad-hoc exceptions

Editorial says existing foreign ownership rules must be enforced until they can be rewritten to match the new telecommunications landscape.

Nov 26, 2009 — News Article: CanWest, Goldman tussle over specialty channels by Andrew Willis

CanWest has accused partner Goldman Sachs of acting in bad faith over the stable of specialty television networks the two companies jointly own.

Nov 26, 2009 — News Article: Canwest fires back at Goldman over specialty channels

Canwest tells a court that its move to dissolve its joint specialty-TV venture with Goldman Sachs was the only way to prevent a forced sale of theĀ  assets.

Nov 23, 2009 — News Article: Harper to loosen telecom rules? by John Ivison

Columnist says the Prime Minister's Office has released a statement that appears to signal the time for a comprehensive shake-up of media regulation may be approaching.

Nov 23, 2009 — News Article: Goldman seeks more CanWest control by Andrew Willis

Goldman Sachs wants Canwest's executives to stop taking orders from a handful of foreign funds and make building its TV networks a priority.

Nov 17, 2009 — News Article: Who Gets to Own a Telecom Firm in Canada? by Michael Geist

Columnist says Canada's foreign ownership laws in the telecom sector should be changed to allow for more competition in the market.

Nov 11, 2009 — News Article: CFTPA backs ownership regs, urges Industry Minister to be "vigilant"

The Canadian Film and Television Production Association is urging Industry Minister Tony Clement to be "vigilant" and "not submit to the current pressures being exerted" in his review of Globalive Wireless.

Nov 10, 2009 — News Article: Canadian ownership and control requirements by Stephen Waddell

The National Executive Director of Canada's actors union asks the Minister of Industry to uphold the current Canadian ownership and control requirements in the telecommunications and broadcasting sectors.

Nov 4, 2009 — News Article: Ottawa must fix wireless mess by Terence Corcoran

Columnist says foreign ownership rules in telecommunications are anachronisms and should be updated immediately.

Nov 4, 2009 — News Article: Hedge fund buys CanWest bonds by Andrew Willis

A New York-based fund that specializes in distressed-debt plays, has been buying CanWest debt since it filed for creditor protection in October.

Nov 2, 2009 — News Article: Goldman acts to shield TV assets from Canwest filing by Jamie Sturgeon

Goldman Sachs has launched a legal battle against Canwest to shield their joint specialty-TV assets from creditor protection proceedings.

Nov 2, 2009 — News Article: CanWest-Goldman battle erupts by Andrew Willis and Grant Robertson

U.S. investment bank tells court that Canwest's move to dissolve barriers around specialty channel joint venture is 'abusive.'

Nov 2, 2009 — News Article: Globalive ruling could spur foreign ownership revamp

Analyst suggests the federal Conservative government may begin the process of loosening the country's foreign-ownership rules.

Oct 31, 2009 — News Article: Globalive ruling reviewed by Iain Marlow

Industry Minister Tony Clement says he is reviewing a CRTC decision preventing wireless challenger Globalive from entering the Canadian market.

Oct 29, 2009 — News Article: Globalive doesn't meet ownership rules: CRTC by Jamie Sturgeon

Globalive Wireless's bid to become the country's fourth major cellphone provider was denied by the CRTC saying the company was controlled by its foreign backer and offside with Canadian telecom law.

Oct 15, 2009 — News Article: Canwest wants restructuring plan by end of January, faces resistance by David Friend

Canwest wants its restructuring to be dealt with quickly, but the media conglomerate is facing stern resistance from U.S. investment bank Goldman Sachs.

Oct 14, 2009 — News Article: Goldman warns CanWest: Don't touch deal by Grant Robertson

Lawyers for Goldman Sachs warn that they will take legal action against CanWest if it tries to change the terms of the Alliance Atlantis deal.

Oct 7, 2009 — News Article: Canwest Facing Foreign Ownership Questions as Bankruptcy Proceeds

A change in the ownership and management structure at media company Canwest may trigger foreign ownership issues.

Oct 7, 2009 — News Article: CRTC likely to have final say on Canwest bankruptcy restructuring by Julian Beltrame

Industry analyst says Canwest's restructuring will likely involve a change in the ownership and management structure that could trigger foreign ownership issues.

Oct 6, 2009 — News Article: Canwest Bankruptcy Filing Hobbles Its Media Holdings by Ian Austen

Columnist says it will be difficult for the Asper family, which founded the Global Television Network, to retain control of the company once everything is settled.

Oct 2, 2009 — News Article: Globalive changes aim to please CRTC by Chris Sorensen

Globalive made several changes to its corporate structure in hopes of convincing the CRTC that it qualifies under Canada's foreign ownership rules.

Sep 28, 2009 — News Article: In defence of foreign telecom players by Derek DeCloet

Columnist says Canada's "ancient" foreign ownership rules in the telecommunications sector need an overhaul.

Sep 23, 2009 — News Article: Globalive faces tough challenge at CRTC by Julian Beltrame

CRTC officials question how Globalive Wireless could maintain its independence despite being 65 per cent owned by Egyptian cellphone giant Orascom Telecom.

Sep 20, 2009 — News Article: Wireless player Globalive faces CRTC hearing on Canadian ownership and control by Luann Lasalle

New wireless player Globalive will have to show that it's a Canadian-controlled company at a CRTC hearing.

Sep 11, 2009 — News Article: Probe new rivals' ownership, Rogers urges by Simon Avery

Rogers asks the CRTC to put the foreign ownership and control structure of DAVE Wireless, and Public Mobile Holdings under the same scrutiny that a third new entrant, Globalive Holdings, is already undergoing.

Aug 11, 2009 — News Article: Broadcaster ownership rules may help Canwest by Martin Cash

Columnist says Canada's media ownership regulations - ironically, something that Canwest management has fought to loosen - might help the company fend off a full takeover by American bond holders.

Aug 10, 2009 — News Article: CanWest, CRTC to talk ownership by Grant Robertson and Andrew Willis

CanWest Global has initiated talks with the federal government on a potential change of ownership.

Jun 30, 2009 — News Article: Canwest selling TV stations in Montreal, Hamilton

Money-troubled Canwest Global Communications Corp. said Tuesday it is selling two conventional television stations in Montreal and Hamilton to an affiliate of Channel Zero Inc., an independent Canadian television broadcaster.

Mar 16, 2009 — News Article: Tory budget tears down nation's defences by Sinclair Stevens

Former Tory cabinet minister say a little-noticed clause in the federal budget emasculates ability of Ottawa to review foreign takeovers.

Mar 4, 2009 — News Article: Canada won't allow more foreign ownership of media by David Ljunggren

Industry Minister Tony Clement says the Canadian government has no plans to relax foreign ownership limits in the country's struggling media sector.