TORONTO, Sept 9 (Reuters) – BCE Inc ,
Canada’s largest telecommunications company, has issued a legal
challenge to the federal government’s indefinite extension of
cellular tower-sharing and roaming rules designed to help new
entrants to the market.
BCE’s Bell Mobility unit argues in the Federal Court
application for a judicial review that Ottawa does not have the
right to force it to share its cellular network infrastructure.
TORONTO, Sept 3 (Reuters) – Shares in Canada’s big three
wireless providers – BCE Inc (BCE.TO: Quote, Profile, Research), Rogers Communications Inc
(RCIb.TO: Quote, Profile, Research) and Telus Corp (T.TO: Quote, Profile, Research) – surged on Tuesday after
Verizon Communications (VZ.N: Quote, Profile, Research) disclosed that it no longer plans
a foray into Canada.
Verizon had been sniffing around a possible move into Canada
for months. But shortly after clinching a mega $130 billion deal
to buy Vodafone Group (VOD.L: Quote, Profile, Research) out of its U.S. wireless business
on Monday, the U.S. telecom giant made clear it will not enter
the Canadian market for now. [ID:nL2N0GY178]
TORONTO, Sept 3 (Reuters) – Growth in the Canadian
manufacturing sector was marginally stronger in August than it
was the previous month, a survey showed on Tuesday, with
employment in the sector expanding at the fastest pace in three
The RBC Canadian Manufacturing Purchasing Managers’ index
(PMI), a gauge of manufacturing business conditions, edged up to
52.1 in August after adjusting for seasonal variation from 52.0
TORONTO, Aug 30 (Reuters) – The Canadian dollar ended steady
against its U.S. counterpart on Friday, hurt as the United
States made it clear it planned to punish Syria over a chemical
weapons attack but helped by Canadian economic that was not as
dismal as feared.
But the loonie, as Canada’s currency is colloquially known,
weakened 0.3 percent on the week, its third straight weekly