CRTC scraps plan to mandate lower wholesale internet rates

In a victory for Canada’s large internet and phone companies, Canada’s telecommunications regulator has reversed a 2019 decision to drop wholesale internet rates.

The CRTC says it made errors when it ordered major phone and cable companies to slash their wholesale internet rates in 2019.

The commission says most of the temporary wholesale rates set in 2016 remain in effect, except for a mark up charged by phone companies

The ruling follows years of regulatory filings and political lobbying by