New CRTC Fibre Rates Could Lower Internet Costs for Alberta Residents by 2025

On October 25, 2024, the Canadian Radio-television and Telecommunications Commission (CRTC) announced interim rates for fibre-to-the-premises (FTTP) high-speed internet access. The new rate, effective February 13, 2025, introduces an $80.41 monthly fee for access to TELUS’s fibre network in Alberta, which can deliver speeds of up to 1.5 Gbps. Installation charges vary depending on setup requirements, from $6.63 for basic installations to $250.66 for site visits.

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CRTC’s Interim Rates for High-Speed Fibre Aim to Boost Competition and Reduce Costs

This CRTC decision, following extensive review and public consultations, targets equitable pricing for major telecoms and smaller internet providers alike. Smaller ISPs will be able to utilize these FTTP networks, giving residents access to competitive pricing and new service choices for internet, TV, and home automation products. According to CRTC Chair Vicky Eatrides, this move will promote a competitive marketplace, particularly benefiting Alberta’s urban and rural communities.

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This latest initiative follows similar efforts in Ontario and Quebec, where interim FTTP access has led to expanded service options since May 2024. With new national policy changes from August 2024, competitors across Canada will soon gain fibre network access.

This policy reflects the CRTC’s ongoing commitment to quality, affordable internet access, giving Canadians new avenues for connectivity starting in 2025.

About Sophie Wilson 704 Articles
Sophie Wilson is a finance professional with a strong academic background, having studied at the University of Toronto. Her expertise in finance is complemented by a solid foundation in analytical and strategic thinking, making her a valuable asset in the financial sector.

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