Sammy Hudes The Canadian Press - Page 1

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Telecom sector ramping up investments in tech as traditional growth areas slow

TORONTO — When it comes to competition between Canada's telecommunications giants, there are certain spaces where carriers have traditionally jostled with one another to emerge...

Grocery price increases outpace overall inflation for third straight month: StatCan

Despite the annual pace of inflation cooling last month, Statistics Canada says consumers continue to pay higher costs for groceries. The agency reports prices for...

Telus CEO decries ‘race to the bottom’ through price matching with competitors

The chief executive of Telus Corp. says there's more the company can do to attract new customers without necessarily having to lower prices to match...

Minority Parliament could prompt higher deficits amid party compromises: economists

TORONTO — As the Liberal Party appears poised to form a minority government following Monday's election, economists say the focus now shifts toward Prime Minister...

Nearly half of small businesses do not see the U.S. as a reliable partner: CFIB

TORONTO — Canadian small businesses are losing confidence in the U.S. as a reliable trading partner, and are shifting to suppliers in domestic and other...

Rogers Sports and Media cuts a ‘few dozen’ jobs in its audio business

TORONTO — Rogers Sports and Media has cut a "few dozen" jobs in its audio business amid what it describes as an unpredictable advertising market...

Ready for liftoff: Why Canada’s telecom sector sees opportunity in satellite internet

TORONTO — When a severe tropical cyclone hit New Zealand in February 2023, it left thousands on the country's North Island without internet or cellphone...

Interest rate cut welcome news for homeowners with variable-rate mortgages: experts

Real estate experts say the Bank of Canada's third consecutive interest rate cut will be cheered by those with variable-rate mortgages, but it could still...

Divide emerges as big banks cope with strained consumers

TORONTO — Canadian Imperial Bank of Commerce reported its third-quarter profit rose compared with a year ago as it set aside less money for bad...

Rogers CEO predicts ‘heightened’ wireless churn across sector to persist

TORONTO — The chief executive of Rogers Communications Inc. says it will likely take the better part of a year before Canada's telecommunications sector sees...

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