Latest quarterly reporting shows continued price reductions for mid-range plans
November 5, 2021 – Ottawa, Ontario
Canadians are more connected than ever before, and they rely on telecommunications services to be connected at work, school and home. Access to high-quality and affordable services is essential, which is why the Government of Canada has introduced measures to reduce the cost of wireless services. The commitment to track the reduction of costs for some of the most popular wireless plans by 25% over two years is a critical part of these efforts.
Today, the Honourable François-Philippe Champagne, Minister of Innovation, Science and Industry, announced the publication of the latest quarter of wireless pricing data on 2 GB to 6 GB data plans, which covers the July to September 2021 period. The latest data show that prices for most mid-range plans have decreased by between 10% and 25% compared to the benchmark prices collected in early 2020 and that prices of mid-range data plans are continuing to move in the right direction.
Enhancing competition contributes to better prices for consumers. That is why the government has taken the following steps to increase competition in the marketplace:
Over a two-year period, the three major wireless providers and their flanker brands, which represent 90% of the national market, are expected to offer plans in the 2 GB to 6 GB range that are 25% cheaper than the established national benchmarks. If they do not meet this goal, the government will look to other regulatory tools to further increase competition in the marketplace and reduce prices.