Yes, it is in fact true that this committee, in 2003, did produce a report on this very subject, and that report made a number of recommendations. It looked at the issue of foreign investment restrictions from a variety of perspectives and it made a number of recommendations regarding minimum ownership requirements, changes to ownership and control requirements, and recommendations regarding a further review of the governance structure of both telecommunications and broadcasting in the area of technical convergence.
On March 25th, 2010. See this statement in context.