Correspondent, Toronto, Canada
Alastair's Feed
Aug 30, 2013
Aug 30, 2013

C$ pares losses after GDP data tops forecasts

TORONTO, Aug 30 (Reuters) – The Canadian dollar pared losses
against its U.S. counterpart on Friday after Canadian gross
domestic product (GDP) data for the second quarter slightly
exceeded forecasts.

Disappointing data in recent weeks have lowered hopes for a
strong showing from the Canadian economy, which shifted into
lower gear in the second quarter and contracted in June, partly
affected by a Quebec construction strike and flooding in
Alberta.

Aug 27, 2013
Aug 23, 2013
Aug 23, 2013
Aug 20, 2013

C$ hits late-2011 low vs European currencies

TORONTO, Aug 20 (Reuters) – The Canadian dollar fell to its
weakest against the U.S. dollar in nearly two weeks and dropped
to its lowest against major European currencies since late 2011
on Tuesday, hurt by weak domestic data and a fall in the price
of U.S. crude oil.

The currency also took a hit as Canadian government bond
yields fell from highs reached on Monday. Lower yields tend to
reduce a currency’s appeal because they are less likely to
attract international capital flows.

Aug 16, 2013
Aug 16, 2013

Canada’s telecoms to change tack in anti-Verizon crusade: sources

TORONTO (Reuters) – Canada’s three biggest wireless companies plan to attack Verizon Communications Inc’s role in the U.S. government’s electronic spying scandal, as they scramble to force Ottawa to rethink rules that encourage Verizon to set up in Canada, according to four sources.

The Canadian government has so far spurned an intense lobbying effort from the trio – Rogers Communications, BCE Inc and Telus Corp – by insisting its policies will cut Canadians’ wireless bills.

Aug 15, 2013
Aug 13, 2013

Canada market regulator seeks views on budding exchange’s methods

TORONTO, Aug 13 (Reuters) – Ontario’s securities regulator
is seeking opinions on a prospective exchange operator’s radical
proposals about market trades and will mull whether to amend
rules governing Canadian markets to accommodate the newcomer.

The new entrant, Aequitas Innovations Inc, aims to break the
dominant grip of Toronto Stock Exchange operator TMX Group
on Canadian equity trading with innovative structures
that it says will improve the overall quality of trading.

    • 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."
      Hometown:
      Melbourne, Australia
      Joined Reuters:
      2007
      Languages:
      English, Arabic
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