TORONTO, May 30 (Reuters) – Rogers Communications Inc
and Quebecor Inc’s Videotron wireless arm
plan to build and operate a shared high-speed wireless network
in and around Québec, a cost-saving arrangement that is expected
to stoke competition in the French-speaking Canadian province.

Rogers, the nation’s largest wireless provider, now spends
far more on its network than its main rivals, Telus Corp
and BCE Inc’s Bell unit, do on their shared network.

TORONTO/WINNIPEG, Manitoba (Reuters) – Valeant Pharmaceuticals International (VRX.TO: Quote, Profile, Research, Stock Buzz) said on Monday it agreed to buy Bausch & Lomb Holdings Inc from Warburg Pincus LLC for $8.7 billion, a cash deal set to vault the Canadian company into the upper ranks of the global pharmaceutical sector.

The purchase strengthens Valeant’s offerings in ophthalmic pharmaceuticals, contact lenses and lens care products, along with adding ophthalmic surgical devices and instruments to its portfolio.

TORONTO/WINNIPEG, Manitoba (Reuters) – Valeant Pharmaceuticals International(VRX.TO: Quote, Profile, Research) said on Monday it agreed to buy Bausch & Lomb Holdings Inc from Warburg Pincus LLC for $8.7 billion, a cash deal set to vault the Canadian company into the upper ranks of the global pharmaceutical sector.

The purchase strengthens Valeant’s offerings in ophthalmic pharmaceuticals, contact lenses and lens care products, along with adding ophthalmic surgical devices and instruments to its portfolio.

TORONTO (Reuters) – Valeant Pharmaceuticals International (VRX.TO: Quote, Profile, Research) said on Monday it agreed to buy Bausch & Lomb Holdings Inc from Warburg Pincus LLC for $8.7 billion (5.7 billion pounds) in cash, a deal expected to transform Valeant into a global leader in eye care.

The purchase is seen strengthening Valeant’s capabilities in ophthalmic pharmaceuticals, contact lenses and lens care products, along with adding ophthalmic surgical devices and instruments to its portfolio of offerings.

TORONTO, May 24 (Reuters) – Manitoba Telecom Services Inc
will sell its Allstream fiber optic network to a
company controlled by telecom tycoon Naguib Sawiris for C$520
million ($502.8 million), a deal that signals the Egyptian
billionaire is still keen on the Canadian market.

Under an agreement announced on Friday, Accelero Capital
Holdings, which was founded by Sawiris and is stacked with
executives from telecom companies he owns or is invested in,
gets MTS’s Allstream network, which serves 50,000 business
customers.

TORONTO, May 21 (Reuters) – BlackBerry no longer
owns the fast-paced, innovative smartphone world but the
company, whose email-on-your-hip devices once revolutionized the
industry, now aims to run it.

The change in focus was hard to miss at the company’s
well-attended annual conference in Florida last week, even as
news of a new smartphone model and its plans to offer the
popular BlackBerry Messaging (BBM) instant message service on
other platforms grabbed the headlines.

, May 14 (Reuters) – BlackBerry
announced plans on Tuesday to offer its popular instant
messaging system on rival devices and introduced a new mid-tier
smartphone targeted at countries where its faded brand remains
strong.

Tapping into its popularity outside North America,
BlackBerry said the new Q5 smartphone would be available in
selected markets in Europe, Latin America, Asia, the Middle East
and Africa.

TORONTO (Reuters) – Tim Hortons Inc (THI.TO: Quote, Profile, Research, Stock Buzz) named a long-time Nestle executive as its new chief on Wednesday, a job that will be no easy task given drooping demand at the Canadian coffee and doughnut chain and a push by a U.S. hedge fund for better returns.

Shares of Tim Hortons, which boasts that it sells eight of every 10 cups of coffee sold in Canada, fell more than 2.5 percent after the company posted its first decline in established store sales since its 2006 initial public offering.

TORONTO, May 8 (Reuters) – Tim Hortons Inc, which
is under pressure from a U.S. hedge fund seeking better returns,
named a new chief executive on Wednesday and reported a 3
percent fall in first-quarter profit.

The Canadian coffee and doughnut chain said Marc Caira, a
long-time Nestle SA executive, would take over from
interim CEO Paul House on July 2. Caira, 59, was most recently
the global head of Nestle Professional.

TORONTO (Reuters) – BlackBerry’s new Q10 smartphone, which comes with the physical keyboard that many BlackBerry fans prize, is selling well in both Canada and Britain, an industry analyst said on Friday.

The company introduced the Q10, its second smartphone to run the new BlackBerry 10 operating system, in Canada and Britain this week.