text: Combined, these limits can enable effective foreign control of up to 
  46.7%. 
  
  (cid:129) To encourage rural deployments, single carriers who win two paired 
  blocks, or two carriers who share their two paired blocks, are 
  required to use their 700 MHz spectrum to provide coverage to 90% 
  of their HSPA+ territory within five years and 97% within seven 
  years. Industry Canada will use Tier 2 licence areas for the 700Mhz 
  auction. These are 14 large service areas covering all of Canada, and 
  are generally the same size as individual provinces. 
  
  The chief executive officer and 80% of the members of the Board of 
  Directors of the operating licensee must be resident Canadians. There 
  are no restrictions on the number of non-voting shares that may be 
  held by non-Canadians at either the holding-company or licensee- 
  company level. Neither the Canadian carrier nor its parent may be 
  otherwise controlled in fact by non-Canadians. Subject to appeal to the 
  federal Cabinet, the CRTC has the jurisdiction to determine as a 
  fact whether a given licensee is controlled by non- 
  question of 
  Canadians. 
  
  In March 2013, 
  Industry Canada released*Licensing Framework for*
  *Mobile Broadband Services (MBS) – 700 MHz Band*. Key things to note: 
  (cid:129) Industry Canada confirmed that, for the most part, the policy and 
  technical framework to auction spectrum in the 700 MHz band are 
  the same as proposed in its March 14, 2012 consultation document. 
  (cid:129) The auction will use a combinatorial clock auction (CCA) format, 
  where bids are made for packages of spectrum licences, rather than 
  the simultaneous multiple round auction (SMRA) format used in the 
  past, where bids are made on individual licences. 