Randall's Feed
Oct 9, 2013

Brazil spying report gives Canada black eye -opposition leader

OTTAWA, Oct 9 (Reuters) – Allegations that Canadian security
officials spied on a Brazilian ministry give Canada “a black eye
in the world,” a top opposition leader said on Wednesday,
putting more pressure on Prime Minister Stephen Harper to
explain the affair.

Thomas Mulcair, leader of the official opposition New
Democrats, branded as “unacceptable” the allegations in a
Brazilian media report saying the Communications Security
Establishment Canada (CSEC) had targeted the Brazilian mines and
energy ministry.

Sep 25, 2013

Canadian regulators team up to watch telecoms pricing

OTTAWA, Sept 25 (Reuters) – Two of Canada’s top regulators
said on Wednesday they would cooperate to ensure affordable
prices for telecommunications and broadcasting services, a key
platform of the federal government’s telecommunications policy.

“We look forward to continuing to work together towards our
mutual goal of benefiting Canadian consumers by ensuring access
to services at competitive prices,” Competition Commissioner
John Pecman said in a statement.

Sep 24, 2013

Fairfax’s BlackBerry deal seeks to forgo Canada takeover review

OTTAWA (Reuters) – The investor that has struck a tentative $4.7 billion deal to take smartphone maker BlackBerry Ltd private is aggressively touting his group’s Canadian status to avoid the government reviews of foreign takeovers that have plagued recent attempts to buy Canadian companies.

The $9 a share proposal, from an as-yet unidentified consortium led by Canadian investment guru Prem Watsa’s Fairfax Financial Holdings, was announced on Monday. That was the first working day after BlackBerry shares dived after the company warned of an almost billion-dollar quarterly loss and announced it was laying off more than a third of its workers.

Sep 23, 2013

No big U.S. telecoms in Canada auction, boosting domestics

OTTAWA (Reuters) – Major foreign telecommunications companies have not registered for a Canadian wireless spectrum auction, raising questions about the government’s plans to introduce more competition into the mobile telephone sector.

The lack of major foreign entrants in a list of bidders that the government published on Monday is good news for the dominant Canadian companies – Rogers Communications Inc, BCE Inc and Telus Corp. The three had complained that the auction rules favored foreigners.

Sep 19, 2013

Canada to set up new markets watchdog, but scope limited

OTTAWA (Reuters) – Canada’s federal government and two of its provinces will set up a common securities regulator as a first step toward their ultimate goal of replacing the current patchwork of provincial agencies with a more efficient national markets watchdog.

Federal Finance Minister Jim Flaherty and his counterparts from Ontario and British Columbia unveiled details of the plan on Thursday. Together, Ontario and British Columbia are home to about two-thirds of the country’s capital markets.

Sep 19, 2013

Canada to set up securities regulator with Ontario, B.C.

OTTAWA, Sept 19 (Reuters) – Canada’s federal government and
two of its provinces will set up a common securities regulator
to try to replace the current patchwork of provincial
regulation, but most provinces, notably the French-speaking
province of Quebec, have not signed on.

Federal Finance Minister Jim Flaherty and his counterparts
from Ontario, home to the country’s predominant capital market,
and British Columbia unveiled details of their plan on Thursday.

Sep 19, 2013

Passenger train, bus collide in Canada’s capital, six dead

OTTAWA (Reuters) – A passenger train and a double-decker city bus collided on the outskirts of Ottawa on Wednesday, killing six people on the bus and injuring 30 others, emergency officials said.

The front of the red double-decker bus was sheared off and the engine of the VIA Rail train had derailed, but the train cars remained upright with little noticeable damage.

Sep 18, 2013

Canada passenger train collides with bus in capital, five dead

OTTAWA (Reuters) – A passenger train collided with a double-decker city bus on the outskirts of Ottawa and derailed on Wednesday, killing at least five people, an emergency official said.

The front of the red double-decker bus was sheared off and the engine of the VIA Rail train had derailed, but the train cars remained upright with little noticeable damage.

Sep 16, 2013

Foreigners return to Canadian securities but pace slower

OTTAWA, Sept 16 (Reuters) – Foreigners resumed their
acquisitions of Canadian securities in July after a huge
divestment in June, with purchases so far this year running at
half the pace of last year.

Statistics Canada said on Tuesday that foreigners bought a
net C$6.09 billion ($5.91 billion) worth of securities in July
after sales of C$15.43 billion in June. Their purchases of
Canadian securities in the first seven months of 2013 reached
C$21.90 billion versus C$42.67 billion a year earlier.

Sep 15, 2013
via FaithWorld

Quebec separatists play to core voters with ban on headscarves and other religious wear

Photo

(Demonstrators protest against Quebec’s proposed Charter of Values in Montreal, September 14, 2013. REUTERS/ Christinne Muschi)

Quebec’s separatist government is betting on broad popular support with a proposal that prohibits public workers from wearing headscarves, skullcaps and other religious symbols, yet it is dividing the movement that advocates independence from Canada.