Correspondent, Toronto, Canada
Alastair's Feed
Sep 23, 2015

Train derailment plotters sentenced to life in prison in Canada

TORONTO, Sept 23 (Reuters) – A Toronto court on Wednesday
sentenced two men to life in prison for plotting to derail a
passenger train between New York and Toronto, with the judge
saying they had no remorse for violent plans meant to cause fear
and alter Canada’s foreign policy.

Tunisian postdoctoral student Chiheb Esseghaier and Raed
Jaser, a permanent Canadian resident of Palestinian descent,
were given the maximum sentence for conspiracy to commit murder
and participation in a terrorist group after the judge said they
showed no remorse and little prospect for rehabilitation.

Sep 22, 2015

Resource stocks tumble, taking TSX down 2 percent

TORONTO, Sept 22 (Reuters) – Canada’s main stock index
tumbled more than 2 percent on Tuesday as a sell-off in
commodities walloped resource stocks, leading across-the-board
declines in volatile trade.

The fall followed roughly 1 percent gains on both Monday and
Friday after the Federal Reserve held U.S. interest rates steady
last week and as investors continued to fret about Chinese
economic growth.

Sep 21, 2015

TSX adds 1 pct as crude rise helps energy stocks

TORONTO, Sept 21 (Reuters) – Canada’s main stock index added
almost 1 percent on Monday, bolstered by robust gains across
most of the index’s key sectors, including financial and energy
stocks, which were helped by higher crude oil prices.

Eight of the index’s 10 main groups gained, with seven of
them up at least 1 percent. Financial stocks, which make up more
than a third of the TSX’s weight, rose 1.7 percent.

Sep 18, 2015

Films chronicle gay rights from Stonewall to U.S. Supreme Court

TORONTO, Sept 18 (Reuters) – The fight for gay rights was
sparked by demonstrations against a heavy-handed police raid on
a New York nightclub in 1969, and registered a coda this year
with the U.S. Supreme Court’s ruling that same-sex marriage is
legal across the country.

Amid a rush of films exploring gender and sexuality at the
Toronto International Film Festival this month are two stories
that neatly bookend the nearly half-century of struggle.

Sep 16, 2015

TSX gains on crude bounce, energy sector jumps 5 pct

TORONTO, Sept 16 (Reuters) – Canada’s main stock index
surged on Wednesday as a jump in oil prices boosted energy
stocks and investors braced ahead of Thursday’s pivotal U.S.
Federal Reserve rate decision.

The overall group of oil and gas stocks jumped more than 5
percent after a sharp drawdown in U.S. stockpiles.

Sep 15, 2015

TSX rises, cautiously, ahead of Fed decision

TORONTO, Sept 15 (Reuters) – Canada’s main stock index rose
in a broad but shallow rally on Tuesday, while caution remained
a dominant theme on global markets as investors wait to see if
the U.S. Federal Reserve will hike interest rates for the first
time in nearly a decade.

“Day to day it’s tough to see which way this market’s
going,” said Allan Small, a senior investment adviser at
HollisWealth, who said trading volumes were muted.

Sep 15, 2015

TSX advances as higher oil price boosts energy stocks

TORONTO, Sept 15 (Reuters) – Canada’s main stock index
gained half a percent by midday on Tuesday, lifted by a rise in
energy companies in the wake of a moderate rise on the price of
crude oil.

Caution remained a dominant theme on global markets, with
investors waiting to see if the U.S. Federal Reserve will hike
interest rates for the first time in nearly a decade following a
policy meeting later in the week.

Sep 15, 2015

Migration not a problem, ‘Desierto’ film star García Bernal says

TORONTO, Sept 15 (Reuters) – Migrant thriller “Desierto”
relies on gripping action to send a sharp message about heated
rhetoric sowing the seeds of violence, but the film’s star Gael
García Bernal has no problem distilling it into words.

“The main problem right now with that subject matter is that
we view it as a problem. It’s not,” said the Mexican actor, who
had his own visa troubles getting to the Toronto film festival
for the movie premiere. “Immigration is something that has
happened since humanity began.”

Sep 14, 2015

TSX declines ahead of Fed decision, oil prices weigh

TORONTO, Sept 14 (Reuters) – Canada’s main stock index fell
on Monday over slumping oil prices and worries about the U.S.
Federal Reserve’s decision on interest rates this week.

With investors trying to position themselves ahead of the
Fed decision, volatility in commodity prices due to worries over
the Chinese economy, currency swings and mixed economic data
also added to the market’s uncertainties.

Sep 14, 2015

Lance Armstrong disgrace revisited as crime movie in ‘The Program’

TORONTO, Sept 14 (Reuters) – The rise and fall of Lance
Armstrong, from cancer-beating Tour de France champion to
admitted drug cheat, made for an epic heist flick, said the
director of “The Program,” which had its world premiere at the
Toronto International Film Festival on the weekend.

“I think it is a crime story, I think it’s a heist movie,”
British director Stephen Frears said. “He pulled it off and then
he threw it all away.”

    • 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:
      English, Arabic
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