Industry’s Signal Weakening Amid Demand Pressures
The telecommunications industry remains largely insulated from the acute macroeconomic shocks impacting the Canadian economy. While slower economic growth could ultimately reduce spending on telecom services, the sector hasn’t been hit by the direct impact of tariffs and the broader trade war between Canada and the United States. However, some trends are weakening the industry’s prospects.
How will the federal government’s decision to cut immigration numbers impact the telecommunications industry? What is the reaction of the industry to the recent decision by the CRTC to grant other service providers wholesale access to the broadband networks of Canada’s three main providers and will this decision lower consumer prices for internet services? What is our outlook for employment in the industry over the short and medium term?
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