Correspondent, Toronto, Canada
Alastair's Feed
Feb 2, 2014
Feb 2, 2014
Jan 30, 2014

Wind Mobile launches low-cost unlimited U.S. roaming plan

TORONTO (Reuters) – Wind Mobile, one of the smallest players in Canada’s wireless market, said on Thursday it was offering a new low-cost unlimited U.S. roaming plan, a traditionally lucrative niche for its much larger competitors.

Wind, backed by Europe’s Vimpelcom Ltd, said it would offer customers unlimited data, talk and text while traveling in the United States for C$15 ($13.42) a month.

Jan 30, 2014
Jan 30, 2014
Jan 29, 2014

Obamacare contractor CGI profit misses, shares slide

TORONTO (Reuters) – Canadian computer services provider CGI Group Inc, the contractor behind the troubled Obamacare enrollment website, reported weaker-than-expected quarterly results on Wednesday, sending its shares to a four-month low.

The Montreal-based company said revenue and bookings – an indicator of future sales – were both strong in its first quarter despite losing the contract to manage the U.S. federal healthcare enrollment website it helped build.

Jan 27, 2014
Jan 21, 2014

Canadian public-private venture capital fund raises C$217 mln

TORONTO, Jan 21 (Reuters) – A Canadian government-backed
investment fund set up to help revive the country’s ailing
venture capital industry raised C$217.5 million ($198 million)
at its initial closing, its backers said on Tuesday.

The Northleaf Venture Catalyst Fund raised C$145 million
from institutional and corporate investors, including Canada’s
biggest banks, with the rest contributed equally by the federal
and Ontario governments.

Jan 20, 2014
Jan 17, 2014

C$ softens on the week, but avoids C$1.10

TORONTO (Reuters) – The Canadian dollar weakened against its U.S. counterpart on Friday but staved off a breach of C$1.10 as the divergent paths of the two countries’ recent economic data and monetary policy outlooks force investors to reassess the loonie’s value.

The currency slipped 0.7 percent, or three-quarters of a cent, on the week to hit a four-year low against the greenback and has failed to gain ground on most other major currencies after falling 2.5 percent last week.

    • About Alastair

      "Canada tech, media and telecoms reporter based in Toronto, with emphasis on Research In Motion and including coverage of Rogers, Bell Canada, Telus, the new mobile entrants and the tech companies filling in the gaps. Previously spent two years in Cairo bureau chasing Orascom Telecom's Naguib Sawiris. Prior to that, spent a year learning the ropes in London."
      Melbourne, Australia
      Joined Reuters:
      English, Arabic
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