Correspondent, Toronto, Canada
Alastair's Feed
Nov 26, 2014
Nov 26, 2014
Nov 26, 2014
Nov 25, 2014
Nov 25, 2014
Nov 25, 2014
Nov 25, 2014
Nov 24, 2014

Energy shares pull TSX lower; Hudson’s Bay jumps

TORONTO, Nov 24 (Reuters) – Canada’s main stock index
dropped on Monday after a six-day winning streak, as a decline
in the price of oil hit shares of energy producers and weakness
in the bullion price weighed on the gold-mining sector.

Gains in railways and a surge in Hudson’s Bay Co,
which outlined a $1.25 billion refinancing plan, gave investors
some cause for cheer even as the index edged lower.

Nov 18, 2014

Canadian public-private venture capital fund raises C$160 million

TORONTO, Nov 18 (Reuters) – The latest of several Canadian
government-backed investment funds that are being set up to
breathe life into the country’s venture capital industry raised
C$160 million ($141.6 million) on its initial closing, its
backers said on Tuesday.

The government said in early 2013 it would invest C$400
million in several new funds over seven to 10 years through its
Venture Capital Action Plan to match and attract private-sector
funding for Canadian startups.

Nov 17, 2014

Aequitas wins approval to launch new Canadian stock exchange

TORONTO, Nov 17 (Reuters) – Aequitas Innovations Inc, a
venture backed by some of Canada’s biggest financial entities,
won approval from the country’s main securities regulator on
Monday to launch a new stock exchange seeking to challenge TMX
Group Ltd’s dominant Toronto Stock Exchange.

The regulator, the Ontario Securities Commission, said the
exchange, called Neo, can start operating on March 1.

    • 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."
      Joined Reuters:
      2007
      Languages:
      English, Arabic
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