Quebec’s wireless prices lower than other provinces for similar plans, data show

Quebec’s wireless prices lower than other provinces for similar plans, data show
OTTAWA — A new government report shows Canada’s three biggest wireless carriers have lowered prices for a number of plans in Quebec since January but left them unchanged in all other provinces. The biggest declines were at the low end of a range of plans that are being monitored by the Department of Innovation, Science and Economic Development. In Quebec,... Read More

Take commercial landlords ‘out of the equation’ for rent relief, says CFIB

Take commercial landlords ‘out of the equation’ for rent relief, says CFIB
TORONTO — A lobby group says landlords need to be taken “out of the equation” of the government’s small business rent relief plan as another month’s rent comes due. An open letter from the Canadian Federation of Independent Business says participation in Canada’s Emergency Commercial Rent Assistance program is still too low, and that provincial and federal finance ministers need to reform... Read More

AMC, Universal agree to shrink theatrical window to 17 days

AMC, Universal agree to shrink theatrical window to 17 days
NEW YORK — In a sign of how the pandemic is remaking Hollywood traditions, AMC Theatres and Universal Studios on Tuesday announced an agreement to shorten the exclusive theatrical window to just 17 days for the studio’s films. The standard window of theatrical exclusivity typically runs about 90 days. Up until now, the largest chains have steadfastly refused to screen... Read More

Federal government announces $3 million to support B.C. tech companies

Federal government announces $3 million to support B.C. tech companies
VANCOUVER — British Columbia’s small- and medium-sized technology businesses are getting some financial help from the federal government. Economic Development Minister Melanie Joly announced almost $3 million to help the sector address the economic impacts of the COVID-19 pandemic. Up to 2,500 innovation firms will benefit and the funding is expected to support about 1,000 jobs. The money is part of... Read More

Alberta municipalities get $1-billion boost as pandemic thrashes finances

Alberta municipalities get $1-billion boost as pandemic thrashes finances
EDMONTON — Alberta municipalities that have been economically thrashed by the COVID-19 pandemic are receiving more than $1 billion in support from other levels of government. The funds include $500 million in provincial money for shovel-ready infrastructure projects starting this year — part of Alberta’s multibillion-dollar recovery plan. Municipalities and Metis settlements can start applying for funding to build roads, bridges and other infrastructure that... Read More

Most actively traded companies on the TSX

Most actively traded companies on the TSX
TORONTO — Some of the most active companies traded Tuesday on the Toronto Stock Exchange: Toronto Stock Exchange (16,121.32, down 40.01) Avcorp Industries Inc. (TSX:AVP). Industrials. Up 11 cents, or 366.67 per cent, to $0.14 on 23.03 million shares. Zenabis Global Inc. (TSX:ZENA). Healthcare. Up nearly a penny, or five per cent, to roughly $0.11 on 10.28 million shares. Aphria Inc.... Read More

Toronto index falls, while price of gold continues streak of record highs

Toronto index falls, while price of gold continues streak of record highs
TORONTO — Major North American indexes dipped into the red today while gold continued its streak of record highs. The S&P/TSX composite index shed 40.01 points to 16,121.32. In New York, the Dow Jones industrial average fell 205.49 points to 26,379.28. The S&P 500 index slipped by 20.97 points to 3,218.44, while the Nasdaq composite retreated 134.18 points to 10,402.09. The... Read More

Oilsands production expected to rebound after pandemic-linked 2020 slump

Oilsands production expected to rebound after pandemic-linked 2020 slump
CALGARY — A new report predicts Canadian oilsands production will have its biggest annual decline on record this year, dropping by an average of nearly 175,000 barrels per day due to issues associated with the COVID-19 pandemic. But research firm IHS Markit says the step back in 2020 isn’t expected to greatly affect the rest of its 10-year forecast. It says it... Read More

In reversal, CES gadget show won’t be in-person after all

In reversal, CES gadget show won’t be in-person after all
NEW YORK — CES, one of the world’s biggest technology conferences, will be a virtual event in January due to the coronavirus pandemic, a reversal from May when organizers said it would go on as a smaller gathering in Las Vegas. The announcement Tuesday is another blow for Las Vegas which, like all other U.S. tourist destinations, is suffering as... Read More