Correspondent, Toronto, Canada
Alastair's Feed
Dec 11, 2014
Dec 11, 2014
Dec 10, 2014

Canada’s Telus says wants in on ‘Internet of things’ growth

TORONTO (Reuters) – Telus Corp (T.TO: Quote, Profile, Research, Stock Buzz) launched a package of technologies that connect and control machines via the Internet on Wednesday as the Canadian telecom company bids to generate sales from the so-called “Internet of things”.

Among the services Telus will offer are retail traffic analysis so that stores can better stock their shelves, and a safety application that will allow restaurants to check conditions such as air and food temperature and water flow.

Dec 8, 2014

Energy selloff fuels biggest TSX drop in almost 18 months

TORONTO, Dec 8 (Reuters) – Canada’s main stock index
recorded its biggest single-day percentage drop in nearly 18
months on Monday as a selloff in oil sent shares of energy
producers tumbling and raised fears about a wholesale retreat
from Canadian equities.

With world oil prices showing no signs of slowing their
decline to five-year lows, Canada’s large number of energy
stocks were among the hardest hit but were by no means the only
ones.

Dec 8, 2014

TSX drops 2.5 pct in energy-led sell-off

TORONTO, Dec 8 (Reuters) – Canada’s main stock index slumped
on Monday, at one point tracking its sharpest fall since 2011,
in a broad-based sell-off led by financial and resource shares.

With world oil prices showing no signs of slowing their
tumble to five-year lows, Canada’s large number of energy stocks
and miners were among the hardest hit. They were joined by
banks, part of the single largest constituent of the index.

Dec 5, 2014

Suspected militant denied bail before Canada deportation hearing

TORONTO (Reuters) – A Canadian resident who officials have alleged is an “integral member” of a Pakistani militant group must remain in detention while awaiting a deportation hearing, an immigration review board said on Friday.

Lawyers representing Canada’s minister of public safety told the board that Muhammad Aqeeq Ansari, a Pakistani software designer and permanent resident of Canada, created and maintained a website for Ahle Sunnat Wal Jamaat (ASWJ), which they describe as a militant group engaged in acts of terrorism.

Dec 5, 2014

TSX flat, hurt by weakness in banks, oil and gas

TORONTO, Dec 5 (Reuters) – Canada’s main stock index was
flat on Friday, rattled by lusterless bank earnings and
continued weakness in oil and gas shares, a day after its
biggest single-day drop in 18 months.

Shares in Bank of Nova Scotia lost 2 percent to
C$66.24 after Canada’s No. 3 lender reported a
weaker-than-expected quarterly profit on previously announced
charges related to soured bets in the Caribbean and Latin
America.

Dec 2, 2014

TSX flat as oil, railway stocks rise; BMO leads bank decline

TORONTO, Dec 2 (Reuters) – Canada’s main stock index closed
marginally lower on Tuesday, with gains in energy and railway
stocks offset by weakness from some major banks, gold miners and
telecom companies.

Bank of Montreal shares fell 2.3 percent to C$81.42
after the country’s fourth-largest bank kicked off the
fourth-quarter reporting season for Canadian lenders with
weaker-than-expected profit, hurt by results at its capital
markets arm.

Dec 2, 2014
Dec 2, 2014
    • 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:
      2007
      Languages:
      English, Arabic
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