- Ottawa: The federal government has released an annual report – 2023 Price Comparison Study of Telecom Services. The report tracks prices for wireless and home Internet services.
Releasing the report Minister of Innovation, Science and Industry François-Philippe Champagne said it shows that wireless prices have declined an average of 18.2% for data plans in 2023.
This is consistent with the annual 18.6% price decline reported by Statistics Canada (Monthly change in the cellular services price index) for the same time period, he said.
The federal government said for home Internet, the report found prices decreased across all service plans in 2023. “There were significant decreases on plans up to 100 Mbps, including decreases of 8.6% for plans offering the universal access target of 50 Mbps. These results are consistent with data reported by Statistics Canada by (Monthly change in the Internet access services price index), which shows an annual decline of 5.9%,” it added.
“More competition is the key to making telecommunications services more affordable for Canadians. This year’s price comparison study shows our approach is working. Our government’s policy direction to the CRTC to focus on competition, affordability and consumer rights is clearly yielding results. Coupled with new measures proposed in Budget 2024, we will continue to advance policies that improve competition and promote better prices for Canadian consumers while giving them more power when it comes to telecom services, said François-Philippe Champagne.