Mr. Speaker, the hon. member knows that Canada, together with other parties to the Uruguay round, is now engaged in negotiations in Geneva on the issue of trade in telecommunication services.
We have an offer on the table at the present time in Geneva which would bind our current law that permits 20 per cent foreign ownership directly and 33-1/3 per cent indirectly. Combined this comes to about 46 per cent. We are not at the present time proposing a change in that bargaining position.