The Government of Prince Edward Island wants to financially support Internet providers to improve the speed of the Internet in 30,000 homes by 2019.
Economic Development Minister Chris Palmer says the provincial and federal governments plan to attract Internet service providers by offering funds.
Companies have until October 12 to submit their project.
The initiative aims to increase Internet access in rural, sparsely populated areas, says Economic Development Minister Chris Palmer.
He believes that these grants will allow Internet providers to reduce their operating costs and thus offer services while being profitable.
It’s difficult for suppliers in places where the density and the number of customers are simply not there for there to be a return on investment.
Chris Palmer, Minister of Economic Development
The amount of government funding will not be defined until bids are received, says Chris Palmer.
Meeting the CRTC standards
The Canadian Radio-television and Telecommunications Commission (CRTC) mandated a download speed of 50 megabits per second and a speed of up to 10 megabits per second for 90% of Canadian homes and businesses by the end of 2021 .
The Prince Edward Island. There are approximately 31,000 homes that are considered underserved, says Palmer.
The minister does not necessarily expect to receive a single universal offer from a single company. Small Internet providers can present a small project for a specific community or region, he says.
Depending on the bid solicitation, solutions will be chosen based on scope, speed, service levels, and future network scalability.
Bryce Fortino is a Senior Politics Reporter at Spruce Tribune covering state and national politics, . Before joining Spruce Tribune Chronicle, Bryce worked on several provincial campaigns including Jack Layton. Bryce has worked as a freelance journalist in Toronto, having been published by over 20 outlets including CBC, the Center for Media and VICE.com.