Industry News

Budget 2019 Supports Rural Broadband, 5G Networks

Federal Budget 2019 introduced a $1.7B Universal Broadband Fund to help deploy high-speed “backbone” to underserved communities. The budget also proposed a $1B broadband investment through Canada Infrastructure Bank. $117M was earmarked to help prepare Canada’s next-generation wireless networks. With private sector support, the government expects $5-6B will be invested in Canadian connectivity projects over the next 10 years.

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