Additional restrictions on foreign ownership are placed on specific industries.
Broadcasting
The federal Broadcasting Act provides that broadcasting licences may not be issued to non-Canadians or to companies that are effectively owned or controlled, directly or indirectly, by non-Canadians.
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Telecommunications
The federal Telecommunications Act restricts foreign ownership to 20% of the shares of a telecommunications common carrier.
Other Industries
Other industries where foreign investment is currently affected by federal or provincial regulation include
- Aviation,
- Book publishing and selling,
- Collection agencies,
- Engineering,
- Farming,
- Fisheries,
- Liquor sales,
- Mining,
- Oil and gas,
- Optometry,
- Pharmacies, and
- Securities dealers.