The CRTC limited the early cancellation fee to 24 months so as expected, we are starting to see the big Canadian carriers respond. We have now learned that Bell will be updating its pricing (June 17) to align with the new CRTC mandate changing plans to 30 day and 2 year terms.
What does this mean?
Monthly plan costs should remain stable but device pricing will likely go up since the subsidy periods are going from 36 months down to 24 months.
I think this is a good move for consumers since most devices don't last for 36 months. The next step is to open up the Canadian market to international carriers so they can drive down our expensive mobile data costs.