Thank you, Mr. Speaker. NorthwesTel will not be allowed to make any extra revenue from the changes. This is part of the CRTC's control on NorthwesTel. There is a restriction on the amount of profit they can make. In this case, the rules are the new revenues from the higher local rates must equal the lower revenues from decreasing long distance rates. In this way, the CRTC puts restrictions on NorthwesTel. Even if we have to wait for long distance competition to come into effect, NorthwesTel will not be making windfall profits from its higher local rates for the next two years. Thank you.
Jim Antoine on Question 374-13(5): Long Distance Telephone Competition
In the Legislative Assembly on February 19th, 1998. See this statement in context.
Further Return To Question 374-13(5): Long Distance Telephone Competition
Question 374-13(5): Long Distance Telephone Competition
Item 6: Oral Questions
February 18th, 1998
Page 934
Jim Antoine Nahendeh
See context to find out what was said next.