Correspondent, Toronto, Canada
Alastair's Feed
Feb 10, 2015

TSX edges higher despite slumping oil stocks

TORONTO, Feb 10 (Reuters) – Canada’s benchmark stock index
eked out a small gain on Tuesday, with a broad but shallow rally
mostly canceled out by resources stocks’ retreat amid further
oil price slips.

Oil prices fell after the International Energy Agency
earlier said global crude supplies could approach record highs,
its first slip in four sessions.

Feb 9, 2015
Feb 6, 2015

Canadian streaming TV should be available for all, consumer groups say

TORONTO, Feb 6 (Reuters) – Consumer advocacy groups want
recently launched streaming services from some of Canada’s
biggest telecom and cable companies made available to all,
telling the industry’s regulator on Friday that making the
purchase of one service dependent on purchase of another likely
breaks the rules.

The services – a joint venture called Shomi from Rogers
Communications and Shaw Communications, and
BCE’s CraveTV – aim to limit the threat posed by online
rivals such as Netflix.

Feb 5, 2015

TSX gains as oil price helps energy stocks

TORONTO, Feb 5 (Reuters) – Canada’s main stock index gained
on Thursday as a 4-percent jump in crude oil prices helped
energy stocks, while banks also contributed to a more positive
tone.

Oil and gas companies have come under pressure during a
sustained fall in the price of crude, a major Canadian export
that is at near six-year lows.

Feb 3, 2015
Feb 3, 2015
Feb 1, 2015
Jan 29, 2015

Canada regulator says wireless providers must treat content equally

TORONTO, Jan 29 (Reuters) – Canadian companies that own both
television content and wireless networks will no longer be
allowed to send their own content to customer mobile devices
without it counting against monthly limits on the amount of data
customers use, the country’s telecom regulator said on Thursday.

The issue echoes broader debate on the merits of what is
often called net neutrality, the principle that Internet
providers and governments should treat all data on the Internet
equally.

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
customers.

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.

    • 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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