Funding for high speed internet
Ottawa is increasing its funding to facilitate access to high speed Internet.
Share November 9, 2020 11:41 am Share Funding for high speed Internet The Canadian Press OTTAWA – Ottawa is increasing its funding to facilitate access to high speed Internet. The billion dollars pledged in Budget 2019 becomes 1.75 billion.
The federal government calculates that this will allow almost all Canadians to have access to this service in less than six years.
Thus, 98% of Canadians would be connected to fast networks in 2026, and to the entire population of the country by 2030.
In making the announcement Monday morning, Prime Minister Justin Trudeau also made it known that an agreement with Telesat – $ 600 million in federal funds – will extend coverage to the Far North and to rural and remote areas.
“Today more than ever, Canadians need reliable high-speed Internet access to work, learn and communicate with family and friends from home,” said the Prime Minister.
Mr. Trudeau also believes that this investment will promote job creation, as the pandemic continues to affect the country's economy.