Deregulation only works in a highly competitive market.
In order to have a competitive market when there is no competition, we have to establish the conditions required to have this competition. So we out of necessity have to regulate in order to enable competition to occur and we have to be able to regulate at the right places. That does not mean regulating the entire sector.
Nevertheless, it would appear that, in the case of certain decisions—particularly the choices made by the CRTC in regulation 2008-2017 regarding the definition of essential service—poor choices were made which do not allow for the participation of competitors and good competition in this sector.
So if we want to establish good conditions and become—or become again—leaders in this sector, that would require targeted regulation in the right places.