RE:RE:RE:RE:RE:RE:Well, the market has voted on CRTC rates and BCE LOSES???The politics of this aren't in play cause the CRTC gave Bell what Bell asked for
5y exclusivity and a 30% mark up...
Which is far different than the political sabre that "Bell is big enough to sell at a small loss" when this all started... (if this was the case and we were talking 1y 10% mark up then sure politics at play)
Quebecor not the government initiated the price war causing deflation in the sector...
the reduced credit ratings were because the company accelerated their build due to low interest available capital, this caused ratios to skew, and was a calculated mandate from the board.
government reduced immigration was to balance government induced immigration, I remember people complaining that they couldn't find workers and that was causing low wage jobs to escalate in an effort to get people to fill them. They turned on the tap way too far agreed and now it's getting scaled back...
as for the bs in politics look at the USA and their telcos last year vs this year (try and bring politics into that talk when really it's noise and nonsense). This is cyclical and the biggest impact to SP is owned by the US ie the 10y Treasury Yield. Which inflected at 3.7% and has climbed to over 4.3%
And instead of debating the impact of rising yields, benifits of a descion, conversion of assets to reduce leverage we grab a pitch fork and torch...