ARCHIVED - Decision CRTC 96-757
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Ottawa, 15 November 1996
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Decision CRTC 96-757
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Câblodistribution de la Côte du Sud inc.
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Armagh and Saint-Philémon; Sainte-Perpétue/Tourville, Quebec - 199608262 - 199608254
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Acquisition of assets
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Following a Public Hearing in Vancouver beginning on 23 September 1996, the Commission approves the applications for authority to acquire the assets of the cable distribution undertakings serving the above-noted localities from Télé-Câble Charlevoix (1977) inc., and for broadcasting licences to continue the operation of these undertakings.
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Upon surrender of the current licences, the Commission will issue licences to Câblodistribution de la Côte du Sud inc., expiring 31 August 2001, the expiry date of the current licences. The Commission notes that the undertaking serving Armagh and Saint-Philémon is a Class 2 undertaking with fewer than 2,000 subscribers while the undertaking serving Sainte-Perpétue/Tourville is a Part III undertaking.
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The operation of both of these undertakings will be regulated pursuant to Parts I, III and IV of the Cable Television Regulations, 1986. The authority granted herein is subject to the same conditions as those in effect under the current licences, as well as to any other condition specified in the licences to be issued.
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The price of the transaction is $1,115,300 for both undertakings. Based on the evidence filed with the application, the Commission has no concerns with respect to the availability or the adequacy of the required financing.
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The Commission reminds the purchaser of its longstanding policy that subscribers should not be required to pay higher fees merely because the ownership or control of a cable system has changed hands.
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In Public Notice CRTC 1992-59, the Commission announced implementation of its employment equity policy. It advised licensees that, at the time of licence renewal or upon considering applications for authority to transfer ownership or control, it would review with applicants their practices and plans to ensure equitable employment. In keeping with the Commission's policy, it encourages the licensee to consider employment equity issues in its hiring practices and in all other aspects of its management of human resources.
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This decision is to be appended to each licence.
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Allan J. Darling
Secretary General |
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- Date modified: