Just to be a devil's advocate (and I am not an employee of a Canadian telcom, just a user), but we have a very large country with a relatively small population. The hardware install and constant upgrades of the last 10 years are not insignificant costs given our density of population. Within large urban centres, we can likely reach efficiencies of scale, but once you get out of population centres, a lot of the infrastructure to user base is relatively inefficient.
As a result of this relationship, we get hosed on bandwidth, data charges on cell plans, roaming charges, etc. I think CRTC got this one right, and a Conservative government is unlikely to bring legislation to make Netflix and it's like more expensive.
What I would like to see are overage charges on bandwidth be limited to much more reasonable numbers. To see several bundred dollars of roaming charges for a week in the US is unconsionable, IMO. Personally, I have never seen a usage volume on my Telus account to date. It may change, but for now, not an issue. When I was running an office with Shaw internet, we had four PC's running ICE exchange for commodity derivatives pricing on a non-business account (we were not aware of the difference at the time). Apparantly our limit was 40GB / month. We were using 150 GB/month of data and had to upgrade to a business plan. We found out when they cut off our service, but they never charged us for overage.
So for now, the overcharges, to me, seem to be a white elephant, but something they can engage at their option.
Personally, if I don't believe the CRTC is going to open up competition and reduce costs, I'll buy the equity in Shaw, Rogers and Telus to participate in the overcharging and resulting profits as an investor. If CRTC and the government throws it open to competition, I sell the stock.