TORONTO (Reuters) – Canadian securities regulators, worried the domestic market is losing too much liquidity to non-transparent markets in the United States, wants to resurrect rules drafted three years ago, but never implemented, that were designed to stem the flow of orders to such markets.
The Investment Industry Regulatory Organization of Canada (IIROC), the country’s main investment industry self-regulator, said on Thursday it is taking another look at the rules, which it withdrew after criticism from the financial industry.
TORONTO, Jan 29 (Reuters) – Rogers Communications Inc
posted a 7 percent fall in fourth-quarter profit on
Thursday and said it saw a sharp decline in valuable wireless
The Toronto-based cable and telecom company, Canada’s
largest mobile provider, said it lost 58,000 net wireless
subscribers on contracts, who typically spend more per month and
are less likely to switch providers than those who pay for
mobile phone service upfront.
Just FYI, Reuters data shows loonie hit C$1.2502 (or 79.98 U.S. cents) y/day. So today was not the first time below 80 cents since 2009.
I’m just not sure that BBM or BES12 were made cross-platform in order to promote “application and content neutrality”.
TORONTO, Jan 19 (Reuters) – Canada’s main stock index eased
on Monday as a decline in oil prices and concerns about the
Chinese economy weighed on energy shares, which resumed their
The Chinese premier said the country’s economy faces
significant downward pressure this year. Investors were also
awaiting China’s fourth-quarter gross domestic product report,
due on Tuesday.
TORONTO, Jan 16 (Reuters) – Canadians should not be “unduly
pessimistic” about the economic impact of the recent slide in
oil prices, Finance Minister Joe Oliver said on Friday, a day
after delaying the federal budget due to energy market
“The Canadian economy is in pretty good shape despite this
(fall in oil prices),” Oliver said in an interview on CP24
television. “We shouldn’t be unduly pessimistic. Canada is doing
well, we’ve created 1.2 million jobs, we’re doing better than
most other countries and Canadians should be reassured by that.”