CRTC Chair Signals Move To Lighter Regulation
May 11, 2007 at 5:46 AM (PT)
In a speech to broadcasters in BRITISH COLUMBIA THURSDAY (5/10), CRTC Chairman KONRAD VON FINCKELSTEIN said that the Commission is moving toward a lighter regulatory hand in a revamp of its radio and TV policies. The GLOBE AND MAIL reports that VON FINCKENSTEIN told the audience in PENTICTON that while "In the past, we took a heavily regulated approach in order to nourish our broadcasting system... we now feel that there is a need for some rebalancing. We must avoid suffocating the forces of the market. In fact, we must give fuller play to the energy and creativity of market forces." He added that any changes would have to conform to the Broadcasting Act. Two attorneys, LAWRENCE DUNBAR and CHRISTIAN LEDUC, have been hired to review the CRTC's present policies.
"Regulation will always be necessary," VON FINCKENSTEIN said. "The question, however, is what level of regulation?"