said by MaynardKrebs:
....It's high time for all testimony before the CRTC to be sworn under oath, with severe penalties for false/misleading statements.
1) Corporate Death Penalty - ignore a CRTC ruling once, get fined $1mm/DAY; ignore the same or another ruling twice, get fined $10MM/DAY retroactive to the date of the first ruling; ignore a new or the same ruling a third time, the corporation's charter is cancelled and corporation is placed in receivership - shareholder's equity wiped out, corporation executives & directors placed on trial for contempt with all penalties payable personally.
2) Powers of Investigation to be added to IC/CRTC mandate - includes audit teams capable of surprise technical inspections, power to demand technical information on-the-spot, power to remove equipment/records for study. penalties for failure to comply are same as 1) above.