Canadian CDMA carriers Telus and Bell are set to launch the iPhone 3G S on Nov 5, and Nov 4, respectively. The companies have now announced pricing for the devices.

Telus will offer the 16GB (black/white) version for $199, the 32GB version will cost CND $299 and will be available in both black and white.

Both companies are not introducing exclusive monthly plans for the iPhone. Plans start at $50 per month at Telus, and at $55 per month at Bell.

At Telus, the most affordable plan will set you back $50 per month, and will give you 150 minutes with 500MB of data (with tethering included). All plans include unlimited messaging as well.

The most affordable plan at Bell will get you 300 minutes with 1GB of data (with tethering). The only real difference between Bell and Telus, is that Bell offers unlimited WiFi use at any Starbucks shop.

Rogers is also expected to introduce more value for its iPhone plans, but isn’t expected to lower prices.

With two new companies offering the iPhone now, one would think that competition would surely give Canadians more. However, the Canadian telecom market is still really an oligopoly (and Rogers still has a complete monopoly over the GSM networks in the country), so we shouldn’t really be expecting anything drastic in terms of price cuts as every player in an oligopoly naturally colludes on prices to maximize profits.