Correspondent, Toronto, Canada
Alastair's Feed
Oct 30, 2014

Canadian PM Harper unveils family tax breaks ahead of election

VAUGHAN Ontario (Reuters) – Canadian Prime Minister Stephen Harper unveiled C$26.76 billion ($23.89 billion) in family tax cuts and benefits over six years on Thursday, which will start flowing to voters over the coming year as the country gears up for an election next October.

This includes C$3.07 billion in cuts and benefits for the current 2014/15 fiscal year, ending next March, for which the Conservative government’s budget had predicted a C$2.9 billion deficit. The measures are projected to cost C$4.62 billion in 2015/16.

Oct 30, 2014

Vice Media teams up with Canada’s Rogers to build Toronto studio

TORONTO (Reuters) – Vice Media, a maker of edgy videos popular with younger viewers, has teamed up with Rogers Communications Inc to build a studio in Toronto to produce news, documentaries and other content with Canadian filmmakers.

The C$100 million ($89.43 million) deal announced by the companies on Thursday includes plans for a Vice TV network across Canada. The studio is due to launch some time next year.

Oct 29, 2014
Oct 29, 2014
Oct 29, 2014
Oct 28, 2014

CBC wins Canada broadcast rights for 2018 and 2020 Olympics

TORONTO (Reuters) – Canada’s public broadcaster has won the rights to cover the 2018 and 2020 Olympics with the help of the two rival private broadcasters that have wrestled its most popular professional sports assets away from it.

The Canadian Broadcasting Corp (CBC) said on Tuesday it will broadcast action from the 2018 Winter Olympics in Pyeongchang, South Korea, and the 2020 Summer Olympics in Tokyo, in partnership with telecom and media companies Rogers Communications Inc and BCE Inc.

Oct 28, 2014
Oct 27, 2014
Oct 23, 2014

Canada’s TMX plans options to curb high-speed trading

TORONTO (Reuters) – Canada’s biggest stock exchange operator plans to offer trading options for investors who fear speed-based computer strategies are undercutting them, a move it hopes will keep clients from leaving for rival marketplaces.

TMX Group Ltd (X.TO: Quote, Profile, Research, Stock Buzz) plans a “speed bump,” minimum order sizes and rebates for active flow on its smaller Alpha exchange, the company said on Thursday.

Oct 23, 2014

Canada’s Rogers says profit falls 28 pct, eyes rebound

TORONTO, Oct 23 (Reuters) – Canadian telecom and media
company Rogers Communications Inc posted a 28 percent
decline in third-quarter net income on Thursday, but reaffirmed
its profit targets for the year as it heralded the end of a
corporate shuffle.

Rogers, the country’s largest provider of cellular service,
added just 17,000 net wireless subscribers on contracts, who
typically spend more per month and are less likely to switch
providers than those who pay for 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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