Canada's broadband networks not ready for future

This CBC story reports on the results of a study of broadband speeds across the world and Canada finds itself in 27th place. It’s becoming increasingly clear that Canada needs to take dramatic action to prevent falling off the chart altogether.

Yes, eliminating foreign ownership restrictions will help but it’s starting to look like that is not going to be enough. Legislation for that type of change hasn’t even been drafted (as far as we know) so optimistically it would be at least a year before the restrictions would be removed. Once that happens it would take years for new competitors to enter the market and a significant amount of time before it starts to have an effect.

How much longer can we wait?