We've seen that in the larger technology sector ownership determines where research and development take place. The carve-up and sell-off of foreign companies of Nortel's division have led to a significant setback in Canada's wireless research and innovation, some say an irreparable one due to the fact that just a few years ago Nortel was Canada's largest private funder of research and development. Has the department examined what the impact of foreign ownership would do to research and development spending in the wireless sector in Canada or for employment in this sector?
On March 25th, 2010. See this statement in context.