On July 21, 2006, the CRTC approved an application for ownership restructuring by Bell Globemedia, parent company of CTV, stemming from a deal in December 2005 that saw two new investors added to the company. The Thomson family's Woodbridge Co. Ltd. increased its stake in Bell Globemedia from 31.5 percent to 40 percent, while BCE Inc. reduced its holding to 20 percent from 68.5 percent. Two other investors were added to the deal, including Torstar Corp. and Ontario Teachers Pension Plan, each with 20 percent. On October 3, 2006, the CRTC granted CFRN to change the licence for CFRN-TV-4 Ashmont by deleting the CFRN-TV-12 Athabasca transmitter and attaching it to CFRN-TV. This was due to a change in the method of delivering the signal, along with local relevance.