TekSavvy launches ad campaign in latest battle with big phone, cable companies

TekSavvy launches ad campaign in latest battle with big phone, cable companies
TORONTO — TekSavvy Solutions Inc. has launched an advertising campaign seeking public support in a politically charged battle that Canada’s independent internet services providers are waging with the big phone and cable companies. Ontario-based TekSavvy is Canada’s biggest independent internet service provider, but it’s small in comparison to the internet-arms of Canada’s major phone and cable companies. The big telecom companies asked the federal cabinet in November to overrule... Read More

Five things to watch for in the Canadian business world in the coming week

Five things to watch for in the Canadian business world in the coming week
TORONTO — Five things to watch for in the Canadian business world in the coming week: Brexit update An official from the British High Commission in Ottawa will give an update on Brexit and discuss the implications for Canada in Calgary on Monday. Experts told The Canadian Press in November that a post-Brexit United Kingdom will present Canadian business with... Read More

North American stock markets rise nearly two per cent in record-breaking week

North American stock markets rise nearly two per cent in record-breaking week
TORONTO — North American stock markets gained almost two per cent in a record-breaking week defined by continued investor optimism. The S&P/TSX composite index was up 74.25 points at 17,559.02 after trading at a record high of 17,572.15. In New York, the Dow Jones industrial average was 50.46 points at 29,348.10. The S&P 500 index was up 12.81 points at 3,329.62,... Read More

Supreme Court dismisses B.C.’s appeal in Trans Mountain pipeline case

Supreme Court dismisses B.C.’s appeal in Trans Mountain pipeline case
OTTAWA — The Supreme Court of Canada shut down British Columbia’s move to regulate what can flow through an expanded Trans Mountain pipeline from Alberta. B.C. was appealing to the country’s highest court after the B.C. Court of Appeal ruled last May that the province couldn’t impose any restrictions on the contents on the Trans Mountain pipeline expansion. On Thursday, the Supreme Court agreed.... Read More

Emphasis on US exports, trade secrets in China trade deal

Emphasis on US exports, trade secrets in China trade deal
WASHINGTON — The United States and China reached a trade deal Wednesday that eases tensions between the world’s two biggest economies, offers massive export opportunities for U.S. farms and factories, and promises to do more to protect American trade secrets. Still, the Phase 1 agreement leaves unresolved Washington’s fundamental differences with Beijing, which is relying on massive government intervention in... Read More

North American stock markets set new records after U.S.-China trade deal signing

North American stock markets set new records after U.S.-China trade deal signing
TORONTO — North American stock markets moved further into record territory in the aftermath of the signing of a trade deal between the world’s two largest economies. The S&P/TSX composite index was up 62.27 points at 17,415.17 after trading as high as 17,421.67. In New York, markets set intraday highs before giving up much of the gains. The Dow Jones... Read More

Recurring federal deficits could be risky for future generations, study says

Recurring federal deficits could be risky for future generations, study says
MONTREAL — By continuing to post deficits with no clear deadline for a return to balanced budgets, Ottawa is pursuing a risky strategy that could leave a steep bill for future generations, according to a study by HEC Montreal’s Centre for Productivity and Prosperity. In an analysis released Wednesday, the authors concede that the federal government’s decision to run deficits from 2015 to 2018 to stimulate growth was... Read More

Experts see holes in international flight security rules, oversight

Experts see holes in international flight security rules, oversight
MONTREAL — Experts say the Iran plane crash points to a glaring gap in rules around flight security, with countries lacking incentives to close their own airspace and global agencies lacking the authority to pre-empt future tragedies. Michael Bociurkiw, who was an observer for Ukraine’s investigation into the downing of a Malaysia Airlines flight in 2014, says countries may be... Read More

Encana shareholders vote 90 per cent for name change, Denver HQ move

Encana shareholders vote 90 per cent for name change, Denver HQ move
CALGARY — Shareholders in Encana Corp. have voted overwhelmingly in favour of the oil and gas company moving its headquarters to Denver from Calgary and changing its name to Ovintiv Inc. CEO Doug Suttles says the 90 per cent vote in favour of the resolution shows clear support for the long-standing Canadian company’s decision to move its corporate home south of the... Read More

Morneau says environment, protecting economy to be key focus of 2020 budget

Morneau says environment, protecting economy to be key focus of 2020 budget
TORONTO — Finance Minister Bill Morneau says the environment will be an important focus of his upcoming federal budget. Morneau is in his downtown Toronto riding today to kick off consultations on what could be part of the financial blueprint to be released by spring. Speaking to a group of students at Ryerson University, Morneau says health and safety issues, such... Read More