OBS_VALUE: The Canadian Ownership and Control requirements limit foreign investment to 20% of voting shares. However, Since the 2012 amendment, according to Article 16(2)(c), foreign ownership restrictions have been removed on telecommunications service providers that hold less than a 10% share of the total Canadian telecommunications market based on revenue. The amendment also provides that foreign-controlled carriers that subsequently increase their revenues above the 10% threshold will continue to be exempt from foreign ownership restrictions provided that the growth in revenues is not the result of either (i) the acquisition of control of another Canadian carrier or (ii) the acquisition of the assets of another Canadian carrier used to provide telecommunications services.