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ARCHIVED -  Errata/Addendum Transcript - Québec, Québec

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Providing Content in Canada's Official Languages

Please note that the Official Languages Act requires that government publications be available in both official languages.

In order to meet some of the requirements under this Act, the Commission's transcripts will therefore be bilingual as to their covers, the listing of CRTC members and staff attending the hearings, and the table of contents.

However, the aforementioned publication is the recorded verbatim transcript and, as such, is transcribed in either of the official languages, depending on the language spoken by the participant at the hearing.

 

 

 

 

 

TRANSCRIPT OF PROCEEDINGS

FOR THE CANADIAN RADIO-TELEVISION AND

TELECOMMUNICATIONS COMMISSION

 

 

 

TRANSCRIPTION DES AUDIENCES DU

CONSEIL DE LA RADIODIFFUSION

ET DES TÉLÉCOMMUNICATIONS CANADIENNES

 

 

 

 

SUBJECT / SUJET:

Implementation of Price Cap Regulation for Québec-Téléphone

and Télébec, pursuant to Public Notice CRTC 2001-36/

Mise en oeuvre de la réglementation par plafonnement,

conformément à L'Avis public Télécom CRTC 2001-36

 

 

 

 

 

HELD AT: TENUE À:

Château Frontenac Château Frontenac

1 des Carrières 1, rue des Carrières

Place d'Armes Room Salle Place d'Armes

Québec, Québec Québec (Québec)

 

 

November 15, 2001 Le 15 novembre 2001

 

Errata/Addenda

 

 

 

Transcripts

In order to meet the requirements of the Official Languages

Act, transcripts of proceedings before the Commission will be

bilingual as to their covers, the listing of the CRTC members

and staff attending the public hearings, and the Table of

Contents.

However, the aforementioned publication is the recorded

verbatim transcript and, as such, is taped and transcribed in

either of the official languages, depending on the language

spoken by the participant at the public hearing.

 

 

 

Transcription

Afin de rencontrer les exigences de la Loi sur les langues

officielles, les procès-verbaux pour le Conseil seront

bilingues en ce qui a trait à la page couverture, la liste des

membres et du personnel du CRTC participant à l'audience

publique ainsi que la table des matières.

Toutefois, la publication susmentionnée est un compte rendu

textuel des délibérations et, en tant que tel, est enregistrée

et transcrite dans l'une ou l'autre des deux langues

officielles, compte tenu de la langue utilisée par le

participant à l'audience publique.

Canadian Radio-television and

Telecommunications Commission

Conseil de la radiodiffusion et des

télécommunications canadiennes

 

Transcript / Transcription

Implementation of Price Cap Regulation for Québec-Téléphone and Télébec, pursuant to Public Notice CRTC 2001-36 /

Mise en oeuvre de la réglementation par plafonnement,

conformément à L'Avis public Télécom CRTC 2001-36

 

 

 

 

BEFORE / DEVANT:

Jean-Marc Demers Chairperson / Président

Andrée Noël Commissioner / Conseillère

David Colville Commissioner / Conseiller

 

 

 

 

ALSO PRESENT / AUSSI PRÉSENTS:

 

Michel Spencer Hearing Manager and Secretary /

Gérant de l'audience et secrétaire

Peter McCallum Commission Counsel /

Natalie Turmel conseillers juridiques

 

 

 

 

HELD AT: TENUE À:

Château Frontenac Château Frontenac

1 des Carrières 1, rue des Carrières

Place d'Armes Room Salle Place d'Armes

Québec, Québec Québec (Québec)

 

 

November 15, 2001 Le 15 novembre 2001

 

Errata/Addenda

Errata/Addenda

Page

No.

Row

No.

Reported

S/B

526

2

reflection in

reflection of

527

12

exchange rates as

exchange rates and

545

14

based on compounded arithmetic

based on compound and arithmetic

548

17

investment in RFPs were raised in pension

investment in RRSPs were raised and on pension

548

19

Canadian portfolio.

Canadian portfolios.

549

3

If you had, what you believe

If you had what you believed (no comma)

550

9, 10

in the Canadian sphere, in the

in "Canadian shares", in the past

550

11

provides a bonified rationale

provides a bona fide rationale

553

2

EBITs in data

Ibbotson data

555

18

shrinking of the bottom return

shrinking of the bond return

561

1

EBITs data

Ibbotson data

565

11

here, of IBF growth of 12.6

here, of I/B/E/S growth of 12.6

568

18

type of analyses, which

types of analyses which (no comma)

573

21

Looking at these PCF-based

Looking at these DCF-based

575

2

these values, look at the

these values, looking at the

575

6

today, than many achieved

today, than have been achieved

579

9

you know, that's implicit

you know, that's an implicit

582

23, 24, 25

less the BCEs. I extracted BCE from that cross index to calculate it, without

less BCE, I extracted BCE from that sub-index to calculate beta, without

591

12

Jeffrey I. Berstein

Jeffrey I. Bernstein ( to be corrected in all following occurrences)

595

18

residents in single-line

residents and single-line

596

6

decisions in 9521 and 9822, 9916

decisions in 95-21 and 98-22, 99-16 (with hyphens)

598

25

change and the phase

change for the phase

599

3

MR. McCALLUM.

DR. BERNSTEIN

599

25

pinpointing the right of

pinpointing the rate of

600

17

exams, the process, everybody

exams, and suppose everybody

600

20

cent, the smart group --

cent, it is a smart room --

601

15

associated to both services

associated with toll services

601

16,17,18,19, 23

Poll

toll

602

2

poll services.

toll services.

602

5

consider. TIP suffers

consider. (Insert a paragraph)

602

25

one can conduct

one cannot conduct

603

1

to dethrone it

to decompose it

603

2

for various labour categories and long labour

for various labour categories and

603

3

categories, the cereal field, supplies, et cetera,

vehicle supplies, et cetera,

603

4

vehicles, all these things, non-capital cost.

all the things, comprising non-capital cost.

603

21

something, whether it is

something as to whether it is

603

22

I know some people, do!

I know some people do!

( no comma)

603

24

don't really go ,

don't really go ( no final comma)

608

8

an interesting argument, that one had

an interesting argument, one had

609

9

then, we know that we would be wrong

then, we know that we were wrong

611

22

price cap proceeding, 37 -- and

price cap proceeding, 01-37 -- and

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