Admittingly, not all regulation is good. Matters like these should be investigated on a individual basis with due process. It isn't a matter of deregulation vs. regulation. Or Canada vs. USA. These mindsets are dangerous as they rubberstamp behaviour without consideration to the influences these actions may or may not have.
The CRTC needs good reform, but full deregulation is not my preference. The CRTC must encourage (require?) innovation for Canadians. That's the problem. We're unhappy because we don't have the innovations we should - and we pay top dollar for archaic services.
Deregulated media only means Bell/Rogers/Shaw will eventually be in the hands of conglomerates. There are financial advantages to this, but a boat-load of disadvantages not seen immediately. Do you think Comcast or AT&T would continue to employ 50,000+ people in Canada to uphold their Canadian operations had they the opportunity to purchase our telcos? Doubtful. What about our programming? What about censorship in the media - would we eventually adopt the American model if it's less work for them to uphold our model with theirs? With SOPA, we'd essentially inherit American policies without force. Not something I'd consider an improvement.