Correspondent, Toronto, Canada
Alastair's Feed
Jan 29, 2015

Canada securities regulator resurrects rules to stem order flow to U.S.

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.

Jan 29, 2015

Rogers Communications sheds wireless customers, profit slips

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.

Jan 28, 2015
Jan 22, 2015
Jan 22, 2015
Jan 22, 2015
Jan 19, 2015

TSX declines as oil prices, energy shares weaken

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
downward trend.

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.

Jan 16, 2015

Canada’s Oliver says economy in “pretty good” shape despite oil

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.”

Jan 15, 2015
Jan 15, 2015
    • 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
    • More from Alastair

    • Contact Alastair

    • Follow Alastair